NBCC SIGNS MoU WITH NSL

NBCC (India) Limited and NBCC Services Limited (A Wholly Owned Subsidiary of NBCC) have signed MoU for the FY 2016-17. As per the MoU signed on August 4, 2016 between Shri Anoop Kumar Mittal, CMD, NBCC and Smt. A. Sabeena, CEO, NSL, the target for Revenue generation from operations by NSL has been fixed at Rs 100 crore, while profit has been targeted at Rs 7.55 crore. The MoU has also set targets on an increased Order Book, Business Development, System Improvement, Capacity Utilization, Technology Upgradation, Production Efficiency, etc. The MoU signing between NBCC and NSL holds major significance, as clients will now experience end-to-end service, starting from construction services by NBCC to maintenance works by NSL. This significant agreement will further pave the way for overall performance of the Organization.