National Projects Construction Corporation, a Public Sector Enterprise signed a Memorandum of Understanding (MoU) for 2007-08 with the Ministry of Water Resources on 26th March, 2007. The MOU signed between Secretary, Ministry of Water Resources, Mrs. Gauri Chatterji and CMD, NPCC, Shri Arbind Kumar sets ambitious targets for 2007-08 towards faster growth of this 50 years old Pioneer Company. The target for securing new business is fixed at Rs. 1800 crore and the turnover is fixed at Rs. 912 crores.