NBCC to redevelop housing project for MEA at Rs 262 crore PSU Watch Archive
News Updates

NBCC to redevelop housing project for MEA at Rs 262 crore

NBCC has bagged a Rs 262 crore project to redevelop Ministry of External Affairs Housing in the national capital

PSU Watch Bureau, PTI

New Delhi: State-owned NBCC (India) Limited on Thursday said it has bagged a Rs 262 crore project to redevelop Ministry of External Affairs Housing in the national capital.

In a statement, NBCC said the "Bhoomi Poojan Ceremony" for the redevelopment of Ministry of External Affairs Housing at KG Marg took place on February 14, 2024.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

YK Sailas Thangal, Joint Secretary in MEA; Nidhi Anand, Senior Architect, MEA and K P Mahadevaswamy, CMD, NBCC, among others attended the event.

"With a project value of approximately Rs 261.70 crore, NBCC has been entrusted with the execution of this transformative endeavour. The scope of work includes construction of 54 Type-VI Quarters, 18 Type-IV Quarters, and 18 Transit Quarters...," NBCC said.

This initiative reaffirms the commitment of both MEA and NBCC to enhance infrastructure and create conducive living environment for its residents.

NBCC is into Project Management Consultancy (PMC) and real estate business.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

IOC pipeline unions write to PM Modi, warn Synergy restructuring risks safety and energy security

SECL signs MoU with Sri Sathya Sai Trust for Rs 35.04 crore Healthcare Skill Development Centre in Chhattisgarh

BCCL garners Rs 273 crore from anchor investors ahead of IPO

BHEL begins supply of traction converters for Vande Bharat sleeper trains

Power Grid emerges successful bidder for RE transmission project in Karnataka