State-owned construction firm NBCC has received an order worth Rs 192 crore from Rural Electrification Corporation (REC) for construction and development of a township in Gurugram.
“NBCC has received a letter of award of work from Rural Electrification Corporation Ltd for the construction and development of REC Township at Sector -57, Gurugram amounting to Rs 192 crore (approx) wherein NBCC will work as a project management consultant at the rate of 7.0 per cent fees,” the company said in a BSE filing today.
Shares of NBCC were trading 1.51 per cent lower at Rs 192.95 on the BSE.
