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NBCC Wins Work Order Worth Rs 180cr from SAIL

NBCC (India) has bagged a work order worth Rs 180 crore from Steel Authority of India (SAIL) to provide consultancy and project management (PMC) services on deposit work basis for Bokaro steel plant (BSL).

 

In the contract, the company will provide PMC solutions for the upcoming Infrastructure-related projects of BSL, township, mines and collieries. Moreover, the execution time period for the contract is yet to be decided.

 

Additionally, NBCC has signed a quadripartite memorandum of understanding (MoU) with the Ministry of Steel (MoS), Rashtriya Ispat Nigam (RINL) and National Land Monetization Corporation (NLMC) for monetization of the non-core assets of RINL at Vishakhapatnam.

 

Under the MoU, the company would play the role as technical-cum-transaction advisor and assist these organizations.

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