Urban Ministry asks NBCC to partner with State govt for construction developments


By Accommodation Times News Service

Shri Venkaiah Naidu asks NBCC to forge more partnerships with State Governments
NBCC gives dividend of Rs.108 cr for 2015-16 to the Government 

National Buildings Construction Corporation (NBCC) presented a Dividend Cheque of Rs.108 cr for 2015-16 to Minister of Urban Development Shri M.Venkaiah Naidu.

Complimenting NBCC for sustained increase in turn over and profits over the last few years, Shri Naidu asked the company management to further expand and diversify its business profile by forging partnerships with State Governments and other agencies. The Minister also directed the management to immediately initiate action on seven redevelopment projects in Delhi entailing an investment of about Rs.35, 000 cr, recently approved by the Union Cabinet. Shri Naidu discussed in detail the progress of ongoing projects and future initiatives of NBCC.

Similar Articles

Leave a Reply