NBCC signs MOU with MOHUA for FY 2022-23

The MoU sets the performance targets for the Company for the FY 2022-23

NBCC signs MOU with MOHUA for FY 2022-23

NBCC (India) Ltd., a Navratna CPSE, has signed a Memorandum of Understanding (MoU) for the FY 2022-23 on 28th September 2022 with its Administrative Ministry, MoHUA, outlining the performance targets for the Company for the FY 2022-23.

The MoU has been signed by Shri Manoj Joshi, Secretary, Ministry of Housing and Urban Affairs, on behalf of the Ministry and by Shri P.K. Gupta, CMD, NBCC, signed on behalf of NBCC. Shri Ashish Upadhyaya, Additional Secretary & Financial Adviser, MOHUA also graced the occasion.

Sh. Rahul Kashyap, Director, MoHUA, Smt. B.K. Sokhey, Director (Finance) Sh. T L N Reddy, Director (Projects), Sh. Rajendra Chaudhari, Sr. Executive Director (Engg.), Smt. Reshma Dudani, Executive Director (Engg.) of NBCC along with other officials of the Ministry and NBCC were present at the MoU signing event.

The MoU sets the performance targets for the Company for the FY 2022-23 and provides the snapshot of the milestones to be achieved by the company in respect of Financial & Operational Performance Parameters.