State-owned NBCC Thursday said it has bagged a project consultancy contract to develop permanent campus of IIM Ranchi at a cost of Rs 400 crore.
In a filing to BSE, NBCC said it has "received a Letter of Award (LoA) of work from IIM Ranchi to provide project management consultancy for development of permanent campus (Phase-1 works) amounting Rs 400 crore (approx)".
NBCC, which is under the administrative control of the Ministry of Housing and Urban Affairs, is present in three main segments -- Project Management Consultancy (PMC), Real Estate Development and EPC Contracting.
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