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NBCC Inks MoUs Worth Rs 155 Crore with Odisha Government and OSCB

In a significant development, NBCC, a leading Navratna Enterprise, has signed two Memoranda of Understanding (MoUs) with the Government of Odisha and Odisha State Co-operative Bank (OSCB) for projects totaling Rs 155 Crore.

Shrimati Niyati Pattnaik, Director, SSEPD, expressed optimism about the Integrated Infrastructure Complex (IIC) project in Bargarh district, stating, “This project will be a cornerstone for empowerment and accessibility for persons with disabilities.”

Dr. Kulamani Padhi, Chief General Manager, OSCB, said, “Our partnership with NBCC will enable us to enhance our infrastructure and provide better services to our customers.”

Shri Rakesh Narayan Sinha, General Manager (Engg), NBCC, emphasized the company’s commitment to delivering quality projects, saying, “We are dedicated to constructing buildings that meet the highest standards.”

Financial Conclusion:

These projects are expected to generate revenue of Rs 155 Crore for NBCC, boosting its financial performance and reinforcing its position in the construction industry.

Stakeholders:

– NBCC
– Department of Social Security & Empowerment of Persons with Disabilities (SSEPD), Government of Odisha
– Odisha State Co-operative Bank (OSCB)
– Shrimati Niyati Pattnaik (OAS-SS), Director, SSEPD
– Shri Rakesh Narayan Sinha, General Manager (Engg), NBCC
– Dr. Kulamani Padhi, Chief General Manager, OSCB

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