NBCC India Secures Historic 98.5% MOU Rating, Ranks Top in Construction Sector for FY2023-24

New Delhi, June 9, 2025 – NBCC (India) Limited, a Navratna PSU under the Ministry of Housing and Urban Affairs, has achieved a landmark 98.5% MOU rating for FY2023-24, as evaluated by the Department of Public Enterprises (DPE).

This score, the highest in NBCC’s history, marks a significant milestone after five years and underscores the company’s operational excellence and leadership in India’s infrastructure and construction landscape.

The MOU rating, a critical measure of performance for Central Public Sector Enterprises (CPSEs), reflects NBCC’s robust execution, financial discipline, and strategic advancements in redevelopment projects.

In a consolidated performance ranking released last week by the DPE, NBCC was placed second among 84 CPSEs and clinched the number-one position in the consultancy and construction sector. This top-tier ranking highlights NBCC’s pivotal role in driving sustainable urban transformation and delivering value to stakeholders.

The exceptional MOU rating was bolstered by NBCC’s strong financial performance and project execution, particularly in stressed real estate and government redevelopment initiatives like Amrapali and GPRA projects. The company’s focus on operational efficiency and timely delivery has solidified its reputation as a trusted leader in the sector.