NBCC secures LoI from HIL to provide Project Management Consultancy services
23rd Dec 2019

NBCC (India) has received a letter of intent (LoI) from HIL (India) to provide Project Management Consultancy services for development of 5.12 acres land parcel on self-sustainable model. Further, HIL (India) will be signing a MoU with NBCC shortly.

The work will commence after the approval of Detail Project Report (DPR) by Ministry of Chemicals & Fertilizers, Govt. of India. The estimated cost of the project is around Rs 350 crore wherein NBCC will be paid fee of around Rs 34.50 crore.

NBCC (India) is one of the few public sector companies engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.