NBCC Stake Sale of 10% to Net R250 Crore

New Delhi: The government will sell its 10% stake in construction company NBCC this fiscal, through which it plans to raise up to R250 crore. The stake sale in National Building Construction Corporation (NBCC) is part of the government effort to raise R40,000 crore from the sale of minority stake in profitable public sector units. The government currently holds 100% stake in NBCC.