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16-Feb2019

NBCC bids to take over bankruptcy-bound Jaypee Infratech

NBCC (India) has bid to acquire bankruptcy-bound Jaypee Infratech and complete stalled over 20,000 housing units in Noida in the state of Uttar Pradesh. A meeting of the committee of creditors will be held on February 18 to discuss bids.

NBCC (India) is one of the few public sector companies engaged in the business of project management
consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.


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