MoU28 Aug 2026, 04:16 pm
NBCC Signs MoU with NHPC for Infrastructure Projects
AI Summary
NBCC (India) Ltd has signed a Memorandum of Understanding (MoU) with NHPC on August 28, 2026. The agreement is for NHPC's infrastructure projects across India, including residential and commercial facilities, and office complexes. NBCC will act as the project management consultant (PMC) with a fee of 5.5%. The detailed project value will be determined later. This MoU is considered a normal course of business for NBCC.
Key Highlights
- NBCC partners with NHPC for infrastructure development.
- MoU signed for execution of projects across India.
- NBCC to provide PMC services at 5.5% fee.
- Project value to be determined in due course.
Price Impact
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