Additionally, on April 7, NBCC signed a Memorandum of Understanding (MoU) with RailTel to collaborate on data centre projects across India and overseas for the next five years.
As part of this partnership, NBCC will provide Project Management Consultancy (PMC) services for the construction of data centre buildings and associated civil/passive infrastructure. RailTel will handle planning, designing, supply, installation, testing, commissioning (SITC), and operations & maintenance (O&M) of the IT-related infrastructure.
This collaboration is designed to leverage the core competencies of both organizations, enabling them to supplement each other's capabilities and enhance client acquisition and service delivery efficiency on a long-term, sustainable basis.
NBCC (India) is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The company operates into three major segments namely project management consultancy, engineering procurement & construction and real estate. As on December 2024, the Government of India held 61.75% stake in the company.
On a consolidated basis, the company's net profit rose 25.05% to Rs 138.48 crore while net sales rose 16.99% to Rs 2826.96 crore in Q3 December 2024 over Q3 December 2023.
