National Buildings Construction Corporation Limited - The Company Profile
THE COMPANY
YEAR OF INCORPORATION
NBCC was incorporated as a Public Limited Company in November, 1960, as a wholly owned Government of India Enterprise under the aegis of the Ministry of Urban Development. Beginning with a turnover of INR 52,000, the Corporation, over the years, achieved many milestones in its operation and has posted a turnover of INR 2982 crore as at March 31, 2010 ranking itself as the number one PSU construction company of the country.
AN ISO COMPANY
NBCC has obtained ISO 9001Certification for its Project Management and Consultancy Divisions. The Corporate Mission inter alia enshrines building a high degree of customer satisfaction and providing services conforming to ISO 9001: 2000 series.
AUTHORISED CAPITAL
The authorized and paid-up share capital of the Corporation stand at Rs. 120 crore.
PERFORMANCE RECOGNITION
Ministry of Urban Development and Bureau of Public Enterprises of the Government of India have ranked NBCC as Excellent Corporation during the year 2003-04, 2004-05 and 2005-06 as the Corporation achieved all the targets set in the MoU with the Government. Because of its such outstanding performance, Government of India awarded the Top Ten PSU Awards for the financial years 2004-05 & 2005-06 and SCOPE Turnaround Award 2005-06 to NBCC which were presented by Dr. Manmohan Singh, the Hon'ble Prime Minister of India on March 8, 2007. The Corporation has also been receiving Appreciation Letters from all its client organizations, Ministries, State Governments and Government Departments for its delivery of projects on time with quality and economy.
NBCC has also been selecated for TOP TEN PSU Award & SCOPE Excellence Award (Medium PSE Category) for the year 2006-07.
AREAS OF OPERATION
NBCC is touching upon the lives of people all around the globe with its activities in the fields of Water and Environment Management, Earthquake Resistant Building Technology & Retrofitting, Disaster Management, Project Management & Consultancy, Infrastructure Projects, Institutional, Housing and Industrial Projects, Real Estate Works, Power Projects, RCC Chimneys & Cooling Towers, Bridges, Airports, Railway Projects including Underground & Elevated Metro-tracks and Stations, Post Completion Maintenance Works, Transmission lines, Marine Structures, Border Fencing jobs, PMGSY works, JNNURM Projects.
To maintain its competitive edge in the market, NBCC is always obsessed to make value addition to its areas of operation. Use of new technology such as Upflow Anaerobic Sludge Blanket (UASB) technology in implementation of Environmental Engineering plants, Slip-form Technology for execution of Cooling Towers & Tall Stacks, Trenchless Technology in implementation of underground utility services etc. are some significant engineering initiatives of NBCC that have made it a leader in the industry.
COMPUTERISED PROJECT MONITORING
The Project Monitoring of all the projects of NBCC is done by Planning and Programming with computerized network based System. The softwares like MS Project, primavera, sure track tools for project monitoring are extensively used, keeping in view, the specific requirements of the project.
CONSULTANCY & PROJECT MANAGEMENT SERVICES
NBCC has its own in-house Consultancy Division staffed with highly qualified and experienced Architects, Engineers and Structural & Service Specialists. Consultancy Wing is providing design and engineering support to the NBCC's projects and is also engaged by other outside agencies to provide them specialized services.
Keeping in view its vast experience and strength in Engineering, Consultancy and Execution of works, NBCC entered the large market of Project Management Consultancy (PMC) jobs. PMC projects include preparation of estimates, CPR/DPR, approvals from various authorities etc. i.e execution of works from concept to commissioning on turnkey basis. Due to its market reputation for delivering projects in time with quality construction, NBCC has become a major player in PMC market.
REAL ESTATE
Real Estate is one of the major areas of Corporation. Entering the sector in 1985, NBCC has executed a number of Commercial Real Estate Projects at various major towns of the country viz Delhi, Kolkata, Vadodara, Cuttack, Tripura, Ahmedabad etc. To provide quality housing to Govt. and Public Sector Employees and also to the general public, the Corporation has, of late, started its venture into Residential Real Sector and has launched its first Residential Real Estate Project " NBCC VIBGYOR TOWERS" in Kolkata. A few more mega Housing Projects are also to be launched in near future.
To meet the requirement of General Pool Residential Accommodation (GPRA) and General Pool office Accommodation (GPOA), the Ministry of Urban Development (MoUD) of the Govt. of India is exploring the possibility of densification of the existing GPOA/GPRA through Re-development Schemes. While one scheme at Netaji Nagar is under construction and one scheme at East Kidwai Nagar in the Capital has already been entrusted to the Corporation by the MoUD. In addition, projects such as Re-development of INA Market and Sarojani Nagar Areas are also under active consideration of the Government through NBCC.
NBCC has also ventured into buying potential plots, through participation in open auction as well as purchase from Central Govt./ PSU and State PSUs. One plot measuring 8597 sqm at Okhla (Phase-I), New Delhi was bought by NBCC through auction for Rs. 135.37 crores and other plots measuring 3.1813 acres at Kochi for Rs.1.10 crores from CGEWHO and residential land measuring 4.375 acres at Bahadurpur, Patna for about Rs.21.18 crores from Bihar State Housing Board(BSHB), Patna.
Besides the above ventures, NBCC has taken some sincere JV initiatives too, for associating itself with the agencies that are having land at prime locations in major developing cities /towns. A few such projects are likely to mature soon in Kolkata, Faridabad, Delhi etc. In one of its important drives, the Corporation has recently formed JV with National Textile Limited at Gujarat for development of their land at Ahmedabad into a modern complex called as Indian Textile Plaza. Further, it is also exploring the possibility of forming JV with leading groups like IDPL, AAI, HMT & HIL, who are having land at important cities and towns of the country and are keen to develop these lands through JV system.
With the liberalised Government policy on FDI in Real Estate Sector in the country, NBCC has formed alliances/signed MoUs with some venture capital firms of USA, Malaysia etc. and is aiming to take up Mega Real Estate Projects.
NBCC is also planning to enter into Automated Multi-level car parking (MLCP) projects. Construction of Automated Multi-level car parking on Built Operate & Transfer (BOT) basis at Pragati Vihar, & at CGO Complex, New Delhi is at the planning stage.
NBCC had invited Expression of Interest (EOI) from Govt./PSU employees for sale of Residential Apartments in Gurgaon, in March, 2009 & about 21,000 applicant expressed their confidence in NBCC. NBCC is planning to formally launch 'Gurgaon Affordable Housing Scheme' shortly.
The recently launched low cost residential scheme 'NBCC Town' at Khekhra, UP is getting huge response from the Govt./PSU employees as well as general public.
NBCC IN ENVIRONMENT FRIENDLY ACTIVITIES
NBCC is concerned about the increasing environmental pollution and is, therefore, actively involved in combating environmental pollution by way of construction of Sewage Treatment Plants and Solid Waste Management (SWM) Plants. Sewage Treatment Plants at Keshopur (Delhi), Agra, Ghaziabad(UP), Faridabad (Haryana) and Sonepat (Haryana) are already in operation. The Corporation, also took up implementation of Solid Waste Management (SWM) projects in 10 different towns across the country and has already completed the projects at Sirsa & Ambala (Haryana), Jodhpur (Rajasthan), Dundigal(Andhra Pradesh), Adampur (Punjab) and Gwalior (Madhya Pradesh). SWM Projects at Pune(Maharashtra), Tejpur(Assam) & Portblair(Andaman & Nicobar Islands) are under execution. Besides, Five Water Treatment Plants constructed by NBCC are also under operation at Wazirabad, Haiderpur, Nangloi, Gokulpuri (all in Delhi) and Coimbatore (Tamil Nadu). SWM Projects at Sirsa and Jodhpur have since been completed.
The Solid Waste Management Scheme has been designed to ensure maximum reduction in emission of Green House Gases responsible for global warming and also facilitate Municipal Corporations to get carbon credit benefit through the Clean Development Mechanism (CDM), a mechanism under the Kyoto Protocol to enable cross-border trading in reduction of Green House Gas emissions. Most of the Municipal Corporations, where NBCC is associated as implementing agency for executing the Scheme, have authorized NBCC to take carbon credit benefit from the United Nations Framework Convention on Climate Change (UNFCCA) on their behalf and also entrusted the task of monitoring the scheme.
OVERSEAS OPERATION
NBCC entered foreign market in the year 1977. Having its stake in Mauritius, Nepal, Maldives, Libya, Iraq, Yemen, Turkey and Botswana, the Corporation has successfully executed projects of diverse nature like hotels, hospitals, dwelling units, bridges, flyovers, water & sewage treatment plants, airports, public buildings, roads, schools etc. in those countries. In Botswana, the Corporation, through a Joint Venture Company by the name of M/s Jamal NBCC Intl. Pty Limited has registered itself under Grade "E" (for unlimited value of building works) with Public Procurement and Assets Disposal Board (PPADB) and secured 2 high value projects of which one project of Construction of houses, park entrance gates, ablution blocks, roads, water & sewer reticulation, camping sites etc. in the Central Kalahari & Khutse Game Reserve (CKKGR) valuing US$ 4 million, has already been completed successfully. Another project of construction of rural police station and housing at Kachikau valuing US$ 8 Million is under progress with scheduled completion in January 2008. Thus, in a short period of approximately 6 years, NBCC has performed well in Botswana and its efforts have been applauded by the Department of Building & Engineering Services (DBES), Government of Botswana.
NEW HORIZONS
NBCC has made a dent in specialized areas by acquiring jobs which require high and sophisticated technology. The Corporation has also developed an integrated database for computerized management information system covering all the major areas requiring decision support. IT based tools are being used for decision making in all facets of its operations. Computerized MIS with better feedback is enabling NBCC to exercise a stricter control on the execution of the project right from the stage of award till the completion.
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