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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.
The civic body had awarded the contract for the first phase of concretisation of these 212 roads to Roadway Solutions India Infra Ltd (RSIIL) in January 2023. But the ₹1,687 crore contract was ...
Yet, there’s so far been a notable consensus on Professor Umar Garba Danbatta’s one year at the helm of affairs of the NCC. It’s gratifyingly positive. And, it bodes well for the future of ...
NCC Ltd (BOM:500294) reports a record order book and outlines strategic growth plans amidst challenges in client payments and project execution.
However, NCC Ltd was awarded the contract as the lowest bidder. Meanwhile, Narwekar had objected to the company's bid, which was 9% above the BMC's estimated rate, amounting to an excess of Rs ...