NBCC SIGNS MOU WITH INDIAN NAVY

In presence of Dr. Anoop K Mittal, CMD, NBCC(India) Ltd. and Rear Admiral Kishan K Pandey, Indian Navy, a Tripartite MoU has been signed between NBCC (India) Ltd., Indian Navy and NBCC Services Ltd. (NSL) – a Wholly Owned Subsidiary of NBCC (India) Ltd., on 13.1.2017, for construction of Sahara Widows Hostel at Vasant Kunj, New Delhi for Indian Navy under CSR initiative of NBCC.

The MOU was signed by Shri Sanjay Nirmal, Commodore Indian Navy, R Wanchoo, CGM(CSR), NBCC(India) Ltd. and A Sabeena, Chief Executive Officer, NBCC Services Ltd. on behalf of their respective Companies. The cost of the project, to be implemented by NSL, is approx. Rs. 13.50 crores and will be shared by NBCC (India) Ltd. and Indian Navy equally. This would be a basement plus stilt plus four storeyed building meant for the Rehabilitation of war widows of Indian Navy and will have 36 nos. Dwelling Units of Studio Apartment Type. The project is a first of its kind in North India for the welfare of Widows of Indian Navy and is scheduled to be completed by December, 2017.