Govt of Maharashtra inked MoU of Rs.6,000 Cr with National Buildings Construction Corporation
 Source : News Bharati English  Date : 17-Mar-2017

Mumbai, March 17: The Government of Maharashtra has allotted the project of construction of Irrigation Scheme in Vidarbha under the Gosikhurd National Project to National Buildings Construction Corporation NBCC India Ltd, for a total value of Rs.6000 Crore.

"NBCC has been allotted construction of irrigation scheme works in Maharashtra under Gosikhurd National Project, valuing approx Rs 6,000 crore," the company said in a statement.

Embeded Object

The MoU for the first phase of the Work valued at Rs.1058 Crore was signed between Vidarbha Irrigation Development Corporation, Nagpur and NBCC India Limited on 16th March 2017 at Mumbai. The first phase of project is likely to be completed in about 18 months.

NBCC MD Anoop Kumar Mittal said that the company is eyeing overseas markets for expansion. He said the company has bagged Rs 250 Crores project from Mauritius last week and is expecting to secure more projects in Mauritius and other such neighboring countries. The scope of work includes right bank canal, canal and distribution system of Nerla and Mokhabardi.