NBCC and Rashtriya Ispat Nigam Limited (RINL) entered into anMoU for Redevelopment and Monetisation of Land Parcels at Maddilapalem, Visakhapatnam on 26.02.2021. The MoU was signed by Sh. Pradeep Sharma, General Manager (Engg.), & HOD, (BD Division) on behalf of NBCC while Sh. M.K. Topno, General Manager (TA), signed on behalf of RINL. As per the MoU, the Redevelopment and Monetisation works to be carried out by NBCC on self-sustainable model.