National Buildings Construction Corporation

National Buildings Construction Corporation Limited
राष्ट्रीय भवन निर्माण निगम लिमिटेड
Central-owned enterprise
Public Sector Undertaking
Traded as BSE: 534309
NSE: NBCC
Founded New Delhi , India (1960)
Headquarters New Delhi, India
Key people
 Dr. Anoop Kumar Mittal (Chairman-cum-Managing Director)
Revenue Increase ₹47.11 billion (US$690 million) (2013-14)[1]
Number of employees
 2,227 (as of 31 March 2012)
Website www.nbccindia.gov.in

NBCC Limited (National Buildings Construction Corporation Limited), a Navratna organization under category I, is a Central Public Sector Undertaking which trades publicly in the market and is largely owned by Government of India. It engagesi n the Real Estate Development & Construction business, and also provides project Management Consultancy.

Headquartered in New Delhi, NBCC has 10 regional/zonal offices across India. The projects undertaken by the company are spread across 23 states and 1 Union Territory in India. In addition, NBCC has also undertaken overseas projects in countries like Iraq, Libya, Nepal, Mauritius, Turkey, Botswana, Republic of Maldives, Republic of Yemen et al.

The PMC Order Book as on 31 March 2015 was 193674.04 million related to Ongoing Projects and 36748.80 million related to the Forthcoming Projects.[2]

NBCC is also designated as the implementing agency for executing projects under Jawaharlal Nehru National Urban Renewal Mission (JNNURM), Pradhan Mantri Gram Sadak Yojna (PMGSY), Solid Waste Management (SWM) and developmental work in North Eastern Region.

A number of Central Government Ministries and various State Governments are utilizing the services of NBCC as their extended engineering arm. [3]

Areas of operations

NBCC's core competency lies in engineering ventures- Power Sector, Real Estate, Environment, PMC, EPC, Post Completion Maintenance works, Roads, Bridges, Hospitals, Mass Housing, Institutions & Office Buildings etc.

Project Management & Consultancy business segment includes providing management and consultancy services for a range of civil construction projects including residential and commercial complexes, redevelopment of buildings and colonies, hospitals, educational institutions; infrastructure works for security personnel, border fencing as well as infrastructure projects such as roads, water supply systems, storm water systems and water storage solutions. The company’s work in power sector segment includes engineering, designing and construction services for civil and structural works for power projects, oooling towers, and c7himneys.

NBCC's real estate development segment focuses principally on two types of projects, (i) residential projects, such as apartments and townships and (ii) commercial projects, such as corporate office buildings and shopping malls. [4]

History

NBCC was incorporated in November 1960 as a wholly owned Government of India enterprise under the erstwhile Ministry of Works, Housing & Supply (MoWHS), which is now known as the Ministry of Urban Development (MoUD).

In 2007, NBCC paid dividend to the GoI for the first time and since then, it has been paying dividend to the Government every year. It was declared as a debt free company in 2008. Also, in the year 2008, the Department of Public Enterprises, Ministry of Heavy Industry and Public Enterprises, Government of India, through its office memorandum No. 9(8)/2008-GM dated 3 October 2008 passed on the approval of the Ministry of Urban Development to upgrade NBCC from a Schedule "B" public sector enterprise to a Schedule "A" public sector enterprise. Subsequently, on 14 October 2008, the NBCC was granted Schedule "A" PSU status.

NBCC launched IPO in April, 2012 and got the company listed in BSE & NSE. The corporation in September 2012, has been granted Mini Ratna Category I status by the Government of India.

The Government of India has granted the status of a 'Navratna Company' to NBCC with effect from23 June 2014. The coveted status of a 'Navratna PSE' casts additional responsibility on NBCC to successfully operate in a competitive environment and become a global player. Keeping this in view, targeted turnover of Rs.10,000 crore by the financial year 2020 has been set. [5]

Landmark projects

National

Overseas

Major projects under execution

Green activities

Contributing towards the environment is a matter of pride and NBCC boasts of being an eco-friendly organization. NBCC’s all new projects are conceived/conceptualized in line with Bureau of Energy Efficiency (BEE) norms as well as GRIHA norms.

It has executed LEED certified first Green Building project with captive solar power, solar heating and energy saving system. This iconic Green Building for the Ministry of Corporate Affairs at Manesar, Haryana, was inaugurated by the Hon’ble Prime Minister of India on 13 April 2012. Indian Green Building Council of the Confederation of Indian Industry has awarded the prestigious LEED India Gold Rating to this building. Besides, NBCC has also completed Central Services Officers Institute at New Delhi, a GRIHA 3-Star Building.

In July 2012, NBCC has also entered into MoU with the Energy and Resources Institute (TERI) for implementing projects of NBCC with GREEN compliance. TERI shall provide advice and consultancy to NBCC for undertaking future construction work as per green building and sustainable building concepts. [7]

References

  1. ↑ "BSE 2012 Data". http://www.bseindia.com. Retrieved 2012-11-27. External link in |publisher= (help)
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