Strategic Collaboration: NBCC and Visakhapatnam Port Authority Sign MoU
NBCC (India) Limited, a Navratna CPSE, has signed a Memorandum of Understanding (MoU) with Visakhapatnam Port Authority (VPA) for the Renovation/ Refurbishment of Office Buildings located in VPA.
The signing took place on 13th October 2023. The project aims to renovate/refurbish several office buildings, including the Port Administrative Building, DCI building, Old DC building, Signal Station Building, and other ancillary buildings.
The total built-up area of the project is approximately 2.70 lakh sqft. The envisaged cost of the project is around Rs. 80 crores. The MoU was signed by Shri R.N. Harikrishna, Chief Mechanical Engineer (CME) /CE (Statutory), VPA and Shri P.S. Rao, CGM, NBCC (India) Ltd. The signing ceremony took place in the presence of Dr. Madhiyyan Angamuthu, IAS, Chairman, VPA, and other senior officers of VPA and NBCC.