NBCC gets Rs 70 cr contract from Grid-India
By Rediff Money Desk, New Delhi Jun 18, 2024 15:37
NBCC (India) Ltd has secured a Rs 70 crore contract from Grid Controller of India for interior works at their new corporate office in New Delhi. The project includes fit-outs and other associated infrastructure works.
New Delhi, Jun 18 (PTI) State-owned NBCC (India) Ltd has bagged a Rs 70 crore project from Grid Controller of India for executing interior works in new corporate office in the national capital.
In a statement, NBCC said it has inked a memorandum of understanding with Grid Controller of India Ltd (Grid-India) for execution of interior, fit outs and other associated infrastructure works for their new corporate office at Ayurvigyan Nagar, New Delhi.
"The tentative value of works to be executed under this MoU is approximately Rs 70 crore," it added.
The MoU was signed by Alok Kumar, Senior General Manager, Grid-India and Mudit Bhatnagar, CGM (Engg), NBCC in the presence of S R Narasimhan, CMD, Grid-India; K P Mahadevaswamy, CMD, NBCC; B K Sokhey, Director (Finance), NBCC; Saleem Ahmad, Director (Projects), NBCC and other senior officials from both organizations.
Earlier, Grid-India, which is responsible for “National Load Dispatch”, had purchased this new office of around 61,000 sq ft from NBCC at approximately Rs 270 crore and has now entrusted NBCC for furnishing its office as well.
NBCC is into project management consultancy (PMC) and real estate business.
In a statement, NBCC said it has inked a memorandum of understanding with Grid Controller of India Ltd (Grid-India) for execution of interior, fit outs and other associated infrastructure works for their new corporate office at Ayurvigyan Nagar, New Delhi.
"The tentative value of works to be executed under this MoU is approximately Rs 70 crore," it added.
The MoU was signed by Alok Kumar, Senior General Manager, Grid-India and Mudit Bhatnagar, CGM (Engg), NBCC in the presence of S R Narasimhan, CMD, Grid-India; K P Mahadevaswamy, CMD, NBCC; B K Sokhey, Director (Finance), NBCC; Saleem Ahmad, Director (Projects), NBCC and other senior officials from both organizations.
Earlier, Grid-India, which is responsible for “National Load Dispatch”, had purchased this new office of around 61,000 sq ft from NBCC at approximately Rs 270 crore and has now entrusted NBCC for furnishing its office as well.
NBCC is into project management consultancy (PMC) and real estate business.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 17.90 ( -3.35)
- 166585989
- Alstone Textiles
- 0.75 (+ 8.70)
- 47681821
- GTL Infrastructure
- 3.27 (+ 4.81)
- 44040612
- Visagar Financial
- 0.91 (+ 12.35)
- 29755394
- YES Bank Ltd.
- 23.70 (+ 0.77)
- 22163699
MORE NEWS
![Mumbai Property...](https://im.rediff.com/80-80/money/2020/dec/21housing.jpg)
Mumbai Property Registrations Surge 12% in...
New Delhi, Jun 29 (PTI) Registration of properties in Mumbai municipal region rose 12...
Celkon & ZTE to Make Wi-Fi 6 Routers in India
Amaravati, Jun 29 (PTI) Celkon Resolute, an electronics company, has partnered with...
![India-UK Trade...](https://im.rediff.com/80-80/money/2021/may/25uk.jpg)
India-UK Trade Pact: Progress Expected After...
Mumbai, Jun 29 (PTI) Commerce and Industry Minister Piyush Goyal on Saturday expressed...