NBCC India Ltd bags orders from Grid Controller of India Limited

Share prices of Public sector unit NBCC (India) Ltd surged by around 0.75% to Rs 160.67 after bagging an order from the normal course of business consolidating to Rs 70 crore.

According to the exchange filing made, NBCC (India) Limited has recently been awarded the contract for Planning, designing, and execution of interior works including furniture, fit-out works, cabling, and other infrastructure work at “Grand Rue”- Ayur Vigyan Nagar, August Kranti Marg, New Delhi for establishment of GRID-INDIA by Grid Controller of India Limited (Grid-India), worth Rs 70 crore.

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The aforesaid works are in the normal course of business of the Company.

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The MoU was signed by Shri Alok Kumar, Senior General Manager, Grid-India and Shri Mudit Bhatnagar, CGM (Engg.), NBCC in the presence of Shri S.R. Narasimhan, CMD, Grid-India, Shri K.P. Mahadevaswamy, CMD, NBCC, Smt. B.K. Sokhey, Director (Finance), NBCC, Shri Saleem Ahmad, Director (Projects), NBCC and other senior level officials from both the organizations.

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