NBCC India Ltd and Railtel Corporation of India Ltd sign MoU

A strategic Memorandum of Understanding (MoU) was signed between NBCC (India) Limited and RAILTEL Corporation of India Limited (RAILTEL) on 07.04.2025 to develop Data Centre projects from 'concept to commissioning in India and Overseas for a period of five (5) years.

NBCC shall provide Project Management Consultancy services for construction of Data Centre buildings and related civil/passive infrastructure and RailTel shall provide Services related to Planning, Designing, Supply, Installation, Testing, Commissioning (SITC) and Operations & Maintenance (O&M) for IT related Infrastructure for Data centers.

This collaboration is designed to leverage the core competencies of both organizations, enabling them to supplement each other's capabilities and enhance client acquisition and service delivery efficiency on a long-term, sustainable basis.

Shares of NBCC (India) Limited was last trading in BSE at Rs. 83.08 as compared to the previous close of Rs. 79.43. The total number of shares traded during the day was 757672 in over 4582 trades.

The stock hit an intraday high of Rs. 83.31 and intraday low of 79.75. The net turnover during the day was Rs. 62141236.00.

Source : Equity Bulls

Keywords

NBCCIndia INE095N01031 MoU RailtelCorporationofIndia