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NBCC: GOVT. OF INDIA'S CONSTRUCTION POWERHOUSE SETS SIGHTS ON GLOBAL EXPANSION, FORECASTS STEADY GROWTH AND RECORD ORDERS
The Business Guardian
|December 17, 2023
BCC is a Govt. of India Civil Engineering Enterprise with N the status of Navratna CPSE and is the undisputed leader in the Construction Sector on the back of its capabilities, innovative approach, adherence to the highest standard of quality, timely delivery, and a dedicated workforce.
NBCC has made a name for itself in the NCR region by being an established reliable PSU for redevelopment construction work and completing World Trade Tower commercial office spaces in South Delhi. The company’s areas of operation encompass three Primary Segments which are the Project Management Consultancy (PMC) division. Herein, NBCC executes landmark projects in diversified sectors as well as redeveloped Projects for PSU companies. In the Engineering Procurement & Construction (EPC) division, NBCC works in a niche market by constructing Chimneys and cooling Towers for the Power Sector. For its Real Estate Development division, the company Develops Residential and Commercial inventories for Governments as well as the Public. While NBCC has received orders of around Rs 7100 crores as of date during the current year, the management is quite bullish and expects further consolidated orders of over Rs 11000 crores in the current financial year. The company has recently bagged a Rs 1500 crore order from the National Co-operative Development Corporation ( NCDC ) and the Primary
This story is from the December 17, 2023 edition of The Business Guardian.
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