Fortifying Culture: NBCC & NFDC Set Stage for Siri Fort Renaissance

Image Source: Times of India

In a landmark collaboration aimed at rejuvenating one of India’s premier cultural venues, NBCC (India) Limited has signed a Memorandum of Understanding (MoU) with the National Film Development Corporation (NFDC) for the renovation and redevelopment of the Siri Fort Auditorium Complex in New Delhi.

This strategic partnership will breathe new life into the aging infrastructure of the Siri Fort complex, which houses four auditoriums and is used as a venue for film festivals, cultural events, and official activities. The project will entail incorporation of modern design features, enhanced accessibility, and enhanced amenities while maintaining the site's architectural heritage.

Project Highlights

Scope: Comprehensive renovation and redevelopment of Siri Fort Auditorium I–IV.
Partners: NBCC (India) Ltd. as the operating partner; NFDC as the cultural trustee.
Objective: To transform the complex into a world-class cultural and cinematic destination.

Cultural Significance

Siri Fort Auditorium is owned and managed by the Directorate of Film Festivals, under the Ministry of Information and Broadcasting.
It has been the venue for high-profile events like the International Film Festival of India, National Film Awards, and international film shows.

Strategic Impact

Complements NBCC's heritage and cultural infrastructure portfolio.
Supports NFDC's mission of promoting excellence in films and cultural outreach.
Supports the vision of the government in rejuvenating public spaces with sustainable re-development.
Utilizes NBCC Corporate Announcements, Siri Fort Auditorium Facts, NBCC MoU Disclosures, PSU Connect

Sources NBCC Corporate Announcements, Siri Fort Auditorium Details, NBCC MoU Disclosures, PSU Connect