NBCC (India) Limited has signed a Memorandum of Understanding (MoU) with NHPC on August 28, 2026. This agreement outlines NBCC’s role in executing NHPC’s infrastructure projects across India, including residential and commercial facilities. NBCC will provide these services at a PMC Fees of 5.5%, marking a significant step in expanding its project management consultancy services in the infrastructure sector.
NBCC (India) Enters Strategic Partnership with NHPC
In a significant development for India’s infrastructure sector, NBCC (India) Limited announced the signing of a Memorandum of Understanding (MoU) with NHPC Limited. The agreement was formalized on August 28, 2026, at the NHPC office complex in Faridabad, Haryana.
Scope of Agreement and Services
This MoU establishes a framework for NBCC to undertake the execution of NHPC’s various infrastructure projects throughout India. The scope of work includes the development of residential blocks, residential and commercial infrastructure, office complexes, and other allied facilities. NBCC will provide these project management consultancy (PMC) services at a fee of 5.5%. The detailed value of the projects will be determined as they progress.
Strategic Importance
This collaboration is poised to leverage NBCC’s extensive expertise in project management and execution for NHPC’s developmental initiatives. It represents a crucial step for both organizations in advancing major infrastructure development across the nation. The announcement is in line with the normal course of business for both companies.
Further details and information regarding this announcement can be found on NBCC’s official website.
Source: BSE
