New Delhi: State-owned NBCC (India) Limited has signed a Memorandum of Understanding (MoU) with the West Bengal government’s Department of Urban Development and Municipal Affairs (UD & MA) to undertake various urban infrastructure, redevelopment and development projects across the state.
The MoU was signed in the presence of West Bengal Minister for Urban Development and Municipal Affairs Agnimitra Paul and NBCC Chairman and Managing Director K. P. Mahadevaswamy, along with senior officials from the state government and the company.
Under the agreement, NBCC will work with various municipal corporations, municipalities and development authorities to execute projects covering urban redevelopment, riverfront development, public sanitation infrastructure and government housing.
NBCC to Undertake Major Urban Redevelopment Projects in Kolkata
As part of the agreement, NBCC will undertake the comprehensive redevelopment of the College Street area and China Town at Tangra in Kolkata, in association with the Kolkata Metropolitan Development Authority (KMDA).
The projects aim to support urban infrastructure development and improve public spaces in these important areas of the city.
Riverfront Development Projects in Chandernagore, Howrah and Nabadwip
The agreement also includes the revitalisation and riverfront development of Chandernagore in collaboration with the Chandernagore Municipal Corporation.
In addition, NBCC will undertake the development of river ghats in Howrah and Nabadwip in association with the respective municipal authorities. These projects are expected to support the improvement of riverfront infrastructure and public facilities.
Government Housing and Public Sanitation Projects
Under the MoU, NBCC will also conduct a feasibility study and undertake the redevelopment of government housing within the BMC area for the Department of Urban Development and Municipal Affairs.
Other assignments include the construction of public sanitation facilities across multiple urban jurisdictions through the State Urban Development Agency.The projects will focus on strengthening urban infrastructure and improving essential civic amenities across different parts of West Bengal.
NBCC MoU Project Execution and Financial Terms
According to NBCC’s regulatory filing dated November 12, 2026, the projects will be executed on a deposit work basis. Under this arrangement, NBCC will receive the actual cost of the projects along with an agency charge of 5%, excluding Goods and Services Tax (GST).
The total financial outlay of the MoU has not been disclosed. The company stated that project-specific costs and other details would be communicated in due course.
About NBCC (India) Limited
NBCC (India) Limited is a Navratna Central Public Sector Enterprise under the Ministry of Housing and Urban Affairs, Government of India. Headquartered in New Delhi, the company operates in project management consultancy, engineering, procurement and construction, and real estate development. It undertakes infrastructure and construction projects in India and international markets.
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