New Delhi, Nov 12 (PTI) State-owned NBCC has signed MoUs to undertake various projects in West Bengal including development of river ghat at Howrah and Nabadwip.
In a regulatory filing on Thursday, the company said it has signed six MoUs (Memorandum of Understanding) with the department of Urban Development & Municipal Affairs, West Bengal government and its various authorities.
Agnimitra Paul, Minister of Urban Development and Municipal Affairs in the West Bengal government, and NBCC’s CMD K P Mahadevaswamy were present.
NBCC has signed an MoU with Kolkata Metropolitan Development Authority for redevelopment of College Street area and China town at Tangra. It has signed MoU with Chandernagore Municipal Corporation for river front development.
An MoU with Department of Urban Development & Municipal Affairs was signed for feasibility study with redevelopment of government housing in BMC area.
NBCC inked MoU with State Urban Development Agency for public toilets.
The state-owned firm has signed MoU with Howrah Municipal Corporation for development of river ghat at Howrah.
The MoU with Nabadwip Municipality was signed for development of river ghat at Nabadwip.
The NBCC would execute the projects on ‘Deposit Work Basis’. It will be paid the actual cost of projects. The company would get agency charges at 5 per cent excluding the GST on actual cost of the project.
NBCC is into project management consultancy and real estate businesses. PTI MJH TRB
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