NCC Looking to Monetize Build-Own-Transfer Projects
Y D Murthy, executive vice president-finance at NCC, tells NDTV that the company has managed to pare its debt to Rs 2,200 crore following its rights issue and is now comfortable with the current debt levels. He further says the company will not undertake any BOT (build-own-transfer) projects from now and is looking to monetize its 5 BOT projects. The company is confident of monetizing at least one project by the end of this fiscal year and will be able to get Rs 250-270 crore, he adds.
