NBCC signs MoU with NHPC for infrastructure project execution as PMC at 5.5 percent fees
NBCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NBCC has signed an MoU with NHPC on August 28, 2026, at NHPC's Faridabad office. Under the agreement, NBCC will serve as Project Management Consultant for NHPC's infrastructure projects across India, covering residential blocks, residential and commercial infrastructure, office complexes and allied facilities. NBCC will earn a PMC fee of 5.5 percent. The exact project value has not been disclosed and will be determined later. The MoU is part of NBCC's regular business operations.
Opens a new revenue stream from NHPC's infrastructure pipeline at NBCC's standard PMC fee of 5.5 percent. Positive for order book, though project value is not yet disclosed.