Latest News | NBCC Signs MoU with DTC for Development of Land Parcels in National Capital

New Delhi, Oct 28 (PTI) State-owned construction firm NBCC Ltd has signed an MoU with Delhi Transport Corporation (DTC) for development of various land parcels in the national capital.

In a regulatory filing, NBCC informed that the company and DTC "signed the MoU (Memorandum of Understanding) for development of... land parcel(s) in Delhi on October 27, 2020".

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NBCC will work as Project Management Consultant (PMCl) for developing land parcels on a self-revenue generation model, it added.

The land parcels are located at Shadipur Colony (6.8 acre), Hari Nagar Colony (11.12 acre), Vasant Vihar Depot (5 acre) and Hari Nagar I & II Depot (6.224 acre).

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)