Welcome to National Buildings Construction Corporation Ltd.
Memorandum of Understanding (MoU) 2008-09
NBCC Targets Ambitious Growth
NBCC has Signed the Memorandum of Understanding (MoU) for the year 2008-09 with its Administrative Ministry of Urban Development, Government of India on 28th March 2008. The MoU has targeted an accelerated pace of growth for the Corporation. The target for sales turnover of the Corporation for the year 2008-09 has been fixed at Rs.2200 crore 16% higher than the target fixed in 2007-08. The order book target has been fixed at Rs.4780 crore with a gross margin of Rs.167 crore, an increase by 90%.
The MoU inter alia, also includes some dynamic parameters in order to give a further boost to the Corporation?s stride towards excellence. These parameters are :-
Execution of projects of National importance under PMGSY & JNNURM.
Enhancement of customer satisfaction level.
Development of skills of workers and executives through training and retraining to suit corporate requirements.
Implementation of ERP.
Adoption of improved Technology in execution of projects.
Initiation of new joint ventures (JVs) / new projects with existing JVs (including consortium approach)
NBCC has been rated EXCELLENT by the Department of Public Enterprises consecutively for the last four years. DPE has awarded MoU Excellence award to NBCC for the last three consecutive years.
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