Berger Paints' step-down subsidiary Bolix S.A. of Poland has signed a pact with NBCC (India) Ltd for technology import in…
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Berger Paints' step-down subsidiary Bolix S.A. of Poland has signed a pact with NBCC (India) Ltd for technology import in the construction of green buildings in the country.
"NBCC (India) Ltd and Bolix S.A. have signed a memorandum of business exploration (MoBE) for jointly promoting, developing and adopting External Thermal Insulation and Composite Systems (Etics) solutions technology in construction of highly energy efficient green/smart buildings in India," thge company's latest annual report said.
Etics technology is a "long lasting building energy performance solution" developed to current standards over the last 40 years.
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The report said the memorandum between NBCC and Bolix shall "facilitate import of this technology and its application in India and its neighbouring countries through NBCC".
The NBCC is a Navratna enterprise. Bolix S.A. Poland is a wholly owned subsidiary of Lusako Trading which is a subsidiary of the paint maker.
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