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 1515 crore as at March 31, 2007 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.
ACTIVITIES OF NBCC
A giant among giants, NBCC's core business areas are - execution of Civil Engineering Projects; rendering of Project Management Services including architectural & consultancy services; implementation of projects on turnkey basis (concept to commissioning); EPC contracts and development of Real Estate projects. In its bid to execute projects of diverse nature, NBCC has to its credit, completion of large value projects of diverse nature such as Exhibition Centres, Museums, Auditoria, Luxury Hotel Complexes, Research Centres, Housing Complexes, Multi-storied Office Complexes, Hospitals, Infra-structure Development Works, Hostels, Institutional Buildings, Schools, Universities, Industrial Structures, Roads, Highways, Bridges, Flyovers, Subways, Townships, Water & Sewage Treatment Plants, Power Plants, Cement Plants, Chemical Complexes, Pre-stressed Concrete Works, Oil Jetties, Pile Foundations, Tall RCC Chimneys, Cooling Towers, Coal & Material Handling Plants, Large value EPC works, Marine Works, TV Towers, Railways Projects including underground & elevated Metro Tracks & Stations, Project Management & Consultancy Works, Post Completion Maintenance, Border Fencing Jobs, PMGSY Works, JNNURM Projects, Commercial and Residential Real Estate Works etc.
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 thrust areas of the 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 etc. To provide quality housing to Government and Public Sector employees as also to the general public, the Corporation has, of late, started its venture into residential real estate 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 a few such schemes in Delhi are in pipeline, one job of Re-development of Netaji Nagar and 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.
NBCC has also ventured into buying potential plots through participation in open auction and one such plot of size 8597 sq mtr. at the Capital's Okhla (Phase-I) has recently been bagged by NBCC for Rs.135.31 crore. The Corporation would develop this plot shortly and sell it at reasonable price.
Besides the above ventures, NBCC has taken some serious JV initiatives too, for associating itself with the agencies that are having consolidated lands in major developing cities/towns. A few such projects are likely to mature soon in Kolkata, Noida, Faridabad etc. In one of its important drives, the Corporation has recently formed Joint Venture with National Textile Limited of 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 Joint Venture with leading groups like HMT who are having land at important cities and towns of the country and are keen to develop these lands through Joint Venture system.
With the liberalized Government policy on FDI in real estate sector by foreign investors 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 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, Solid Waste Management (SWM) Plants, and Green Buildings. Sewage Treatment Plants at Keshavpur (Delhi), Agra, Ghaziabad(UP), Faridabad (Haryana) and Sonepat (Haryana) are already in operation. Solid Waste Management Projects are currently under execution in 10 different towns across the country. These are at Sirsa and Ambala (Haryana), Jodhpur (Rajasthan), Pune (Maharashtra), Gwalior (M.P), Tejpur (Assam), Adampur (Punjab), Dundigal (Andhra Pradesh) and Portblair (Andaman & Nicobar Island). 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. NBCC has also developed technology for energy efficient and environment friendly Green Buildings which reduces 30 per cent Green House Gas emissions thus contributing substantially towards CDM.
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.
By dint of its sustained efforts and initiatives, NBCC has made a remarkable turnaround particularly since 2001 and has increased its profit by 3148% and sales by 383% as on 31st March 2007. To enhance its portfolio in India and abroad, NBCC is now committed to multiply its initiatives in the fields of JVs with reputed Indian and foreign companies, Development of Real Estate, Power & Infrastructure Sectors etc. The Corporation has now sketched out a road map to achieve its new milestone of INR 5000 crore turnover by the year 2010.
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