National Buildings Construction Corporation Ltd.(NBCC) recently has signed an MoU with Finland’s Fortum Oyj for developing electric vehicle charging infrastructure in upcoming development projects in India. “NBCC has signed a cooperation institutional relationship MoU with ‘Fortum Oyj’ — Finland’ for developing charging infrastructure in upcoming development projects in India,” the company said in a BSE filing, as per news reports.
The MoU is general in nature to establish the basis for co-operative institutional relationships and does not involve any joint venture or financial implication at this stage, it said.
Shares of NBCC were trading 0.73 per cent higher at Rs. 215.20 on the BSE.