NBCC inks MoU with NHPC for infrastructure projects, 5.5% PMC fees
NBCC signed an MoU with NHPC on August 28, 2026, for executing infrastructure projects across India. NBCC will act as the PMC with a fee of 5.5%. The detailed project value will be determined later.
The agreement is for future project execution and the exact project value is yet to be determined. While it represents a new partnership, its immediate financial impact is not quantifiable yet, hence medium impact.
The signing of an MoU with NHPC for infrastructure projects signifies a new business opportunity and potential revenue stream for NBCC, which is a positive development.
NBCC (India) Limited has signed a Memorandum of Understanding (MoU) with NHPC on August 28, 2026. The agreement was executed at NHPC's office complex in Sector-33, Faridabad, Haryana.
This MoU aims to facilitate the execution of NHPC's infrastructure projects across India. These projects will include residential blocks, residential/commercial infrastructure, office complexes, and allied facilities. NBCC will receive a Project Management Consultancy (PMC) fee of 5.5% for these projects.
The detailed value of the projects will be determined in due course. This MoU is considered to be in the normal course of business for NBCC.
A plain-language summary of a public exchange filing by NBCC (India) Limited. Read the original for the full detail.