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Tuesday, 24 January 2017

The National Buildings Construction Corporation Ltd (NBCC) soars at lunch hours on bourses trading up by 2% even as Cabinet has approved creating an Integrated Exhibition-cum-Convention Centre (IECC) at Pragati Maidan in New Delhi.

The India Trade Promotion Organisation (ITPO) has proposed the cost of the project to be around Rs 2,254 crore. As assigned by ITPO, the NBCC would act as the management consultant to this project. The exhibition space will be 1.19 lakh square metres after redevelopment, as compared to 65,000 square metres at the present. 

The NBCC Limited (India) provides civil engineering construction services. The Company operates through three segments: Project Management Consultancy (PMC), Real Estate Development, and Engineering, Procurement and Construction (EPC).

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