NBCC awarded work order worth Rs. 750 Cr. from Directorate of Printing

by Psu Connect
Date: 09-05-23

The Ministry of Housing and Urban Affairs has given in-principle approval for redevelopment work as Project Management Consultant.

NEW DELHI- The Ministry of Housing and Urban Affairs has given in-principle approval for the following redevelopment work as Project Management Consultant:

S.No.	Name of Work	Name of Client	Value in Rs. Cr.
01	Project Management Consultant for Redevelopment/ modernization of Government of India Presses at Mayapuri, Rashtrapati Bhawan- Delhi, Nashik and Kolkata.	Directorate of Printing, Ministry of Housing and Urban Affairs, GOI	749.28
		Total	749.28

The redevelopment work will be executed after final approval of Public investment board (PIB), GOI.

ABOUT NBCC LIMITED-

Founded in 1960 as a Govt. of India Civil Engineering Enterprise, NBCC with its Headquarter in Delhi, today, holds the status of Navratna CPSE, and has emerged as the undisputed leader in the Construction Sector on the back of its capabilities, innovative approach, adherence to highest standard of quality, timely delivery and a dedicated workforce.

NBCC’s areas of operation encompass three (03) Primary Segments namely:
Project Management Consultancy (PMC) : Executing landmark projects in diversified sectors as also Redevelopment Projects for Government.
Engineering Procurement & Construction (EPC): Working in a niche market and constructing Chimneys, Cooling Towers for Power Sector.
Real Estate Development: Developing Residential and Commercial inventories for Governments and the Public at large.

With huge Market Capitalisation, NBCC is listed with both the Indian Stock Exchanges namely, National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

The Company has posted a substantial growth since 2002-03 and its top line touched Rs 10,151.37 crore in FY2018-19 against a meagre turnover of Rs 494 Crore in FY 2002-03.

NBCC has set up Subsidiary Companies named :

NBCC Services Limited (NSL) provides post construction maintenance services to clients

NBCC Engineering & Consultancy Ltd. (NECL) to carry on business operations as Design Consultants providing comprehensive solutions through a team of multiple skills sets including – Architects, Structural Engineers, Valuers, Urban Planners, Interior designers & MEP Engineers.

NBCC Gulf LLC to carry out commercial construction activities of buildings, roads, airports, harbour, water sewerage and electricity network in Oman and its neighboring Countries.