News

After several negotiations, the contract for road concretisation in South Mumbai was awarded to M/s. Nagarjuna Construction Company Ltd (NCC Ltd) at a rate 4% above the BMC's estimated cost.
But the ₹1,687 crore contract was terminated on November 8, 2023, owing to inadequate progress in work, and RSIIL was fined ₹64.6 crore Mumbai ... and NCC Ltd, which is currently engaged ...