Traded as BSE: 534309
NSE: NBCC Headquarters India Number of employees 2,263 | Website www.nbccindia.com Founded 1960 | |
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Type Central-owned enterprise
Public Sector Undertaking Key people Dr. Anoop Kumar Mittal (Chairman-cum-Managing Director) Stock price NBCC (NSE) ₹ 174.80 +0.35 (+0.20%)23 Mar, 3:59 PM IST - Disclaimer Revenue 59.56 billion INR (US$890 million, 2015–2016) Subsidiaries Real Estate Development & Construction Corporation of Rajasthan Limited | ||
Dr anoop kumar mittal cmd nbcc india limited in interaction with live india news channel
NBCC (India) Limited (formerly National Buildings Construction Corporation Limited), a Navratna organisation under category I, is a Central Public Sector Undertaking which trades publicly in the market and is largely owned by Government of India. It engages in the Real Estate Development & Construction business, and also provides Project Management Consultancy.
Contents
- Dr anoop kumar mittal cmd nbcc india limited in interaction with live india news channel
- Nbcc india limited news at 4 zee business 08 07 2016 tvn 202916
- Areas of operations
- History
- National
- Overseas
- Major projects under execution
- Green activities
- References
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.
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 utilising the services of NBCC as their extended engineering arm.
Nbcc india limited news at 4 zee business 08 07 2016 tvn 202916
Areas of operations
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.
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, cooling towers, and chimneys.
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.
National
In the order of Priority:
Overseas
In the order of Priority:
Major projects under execution
Green activities
Contributing towards the environment is a matter of pride and NBCC boasts of being an eco-friendly organisation. All of NBCC’s new projects are conceived/conceptualised in line with Bureau of Energy Efficiency (BEE) norms as well as GRIHA norms.
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.