IRCTC Signs MoU with NBCC Services Limited for Office Space Interior Work

13 Sep 2023 , 09:36 AM

Indian Railway Catering and Tourism Corporation (IRCTC) has formalized a memorandum of understanding (MoU) with NBCC Services Limited, a subsidiary of NBCC Limited, to collaborate on the planning, design, and execution of interior works for its forthcoming office space situated at World Trade Centre, Nauroji Nagar, New Delhi.

The MoU was officially signed on Tuesday, and the projected cost for the project is estimated to be around Rs 31.40 crores.

IRCTC conveyed this development in a regulatory filing to the stock exchanges on Tuesday, stating, ‘This is to inform that IRCTC has signed a MoU with NBCC Services Limited (a wholly-owned subsidiary company of NBCC Limited) on 12th September 2023 for planning, designing and execution of interior works for its upcoming office space at World Trade Centre, Nauroji Nagar, Delhi at a tentative cost of Rs. 31.40 crores.’

The partnership through the MoU between IRCTC and NBCC Services Limited represents a significant stride in the expansion and modernization of IRCTC’s office infrastructure.