NBCC MoU With NCDC & NABARD For Project Implementation

NBCC inked a framework Memorandum of Understanding (MoU) with National Cooperative Development Corporation (NCDC) and National Bank for Agriculture and Rural Development (NABARD) for construction of world’s largest grain storage plan in cooperative sector. NCDC has associated NBCC to render project management consultancy services on EPC Model.

NBCC shall initially construct 1469 nos of grain storage units across various states of India with an approximate value of Rs 1500 crore. These units shall be constructed using innovative building technologies.

Expressing his happiness on this development, Shri K.P. Mahadevaswamy, CMD, NBCC said, “NBCC is delighted to be a part of creation and strengthening the agri-infrastructure in the country. I believe such initiatives will be instrumental in helping the farmers of the country in getting access to proper storage facilities, especially in the rural areas.”

The Memorandum of Understanding was signed by Shri Pradeep Sharma CGM (Engg), NBCC, Shri Ashok B. Pillai, ED, NCDC, and Shri S.S. Vaseeharan, GM, NABARD.