NBCC India inks MoU with MoHUA for FY 21-22

NBCC (India) Limited has signed an Annual Memorandum of Understanding (MoU) for FY 2021-22 with its administrative ministry, Ministry of Housing and Urban Affairs (MoHUA), setting the performance for NBCC. The MoU was signed on 21 January by the secretary of MoHUA, Manoj Joshi, on behalf of the Minister, while the Chief Managing Director of NBCC, PK Gupta on behalf of NBCC, Rahul Kashyap, the Director of MoHUA, B K Sokhey Director of Finance, and Senior Executive Director of NBCC, Rajendra Chaudhari, along with other officials, were present at the MoU signing event. The signed MoU will outline the performance targets of the company for FY 21-22 and provide a snapshot of the milestone achieved by NBCC in respect of the revenue along with other Financial and Operational Parameters, etc. Image Source Also read: J&K govt signs 39 MoUs with real estate developers, MoHUA