NBCC bags Rs 1,000 cr orders from state governments
NBCC (India) has bagged orders worth Rs. 1,000 crores from Uttarakhand and Rajasthan State Governments for various civil projects.
The projects include developing two rivers fronts in Dehradun and a new multi-storey housing complex for the Rajasthan Administrative Service (RAS) and RPS officers.
In Uttarakhand, NBCC would work as an implementing agency and shall be responsible for planning, designing, construction, operation and management. The scope of work also includes building essential facilities such as retaining walls, check dams, storm water drain, utility provisions, road side green stretch, walkways, and bridges. The entire project would be developed on a self-revenue generating model. Once the project gets completed, both NBCC & MDDA shall recoup the initially invested funds from the sale of its commercial proceeds.
In Rajasthan, NBCC will construct 250 flats of the Type I category. To recover the construction cost of flats that will be developed for officials, NBCC has been allowed to construct and sell two commercial blocks.