NBCC (India) Limited
NBCC has its Corporate Office at New Delhi which works as a policy maker, planner and overall controller. Corporate functions are managed through various organizational divisions viz. Project Management Group, Business Development, Real Estate, Vigilance, Contract Engineering, Law, Centralized Procurement Group (CPG), Finance, Corporate communication, Personnel & Administration. The work of the corporation is further decentralized into various Regional Business Groups (RBGs), Strategic Business Groups (SBGs), Zones, Units and Sites. RBG/SBG/Zones are controlled by executives of the rank of ED/CGM/GM respectively who directly reports to the Director(s) sitting in HO. Regional Business Groups and Strategic Business Group headquarters are located at Delhi as well as at other places in all the states depending upon the quantum and the nature of the projects. RBGs are headed by Executive Director; SBGs by CGM & Zones are headed by GM/AGM and are assisted in their work by Technical, Finance & P&A Staff of appropriate level. RBGs/SBGs/Zones control and look after several projects which are headed by Unit-in-Charges. Each project is a profit centre and is expected to operate efficiently to achieve turnover targets and profitability as per MoU signed between the corporate office and the RBG/SBG/Zonal Heads. The units are headed by an officer of the rank of AGM/DGM/PM/DPM/SPE. The Unit In-charge is responsible for efficient execution of a project and within approved cost who is assisted by other Technical staff depending upon the nature and value of project. The unit In-charge, from time to time, appraises the Zonal In-charge about providing the requisite inputs / resources required for the execution of the work. Project site is controlled by a Site In-charge. The project is provided with the required number of technical staff. The site in-charge is responsible for efficient execution of the project ensuring its timely completion. The Job Description and Duties & Responsibilities of various Heads are given below: NBCC was incorporated in 1960 as a wholly owned Government of India enterprise under the erstwhile Ministry of Works, Housing & Supply (MoWHS), which is now known as the Ministry of Housing and Urban Affairs (MoHUA). In 1977, NBCC started its overseas operations. In 2007, NBCC paid a dividend to the Government of India for the first time and since then, it has been paying a dividend every year. In the year 2008, the Department of Public Enterprises of the Ministry of Heavy Industries and Public Enterprises, through its office memorandum No. 9(8)/2008-GM dated 3 October 2008 accorded the approval of the Ministry of Housing and Urban Affairs upgrading NBCC from a Schedule "B" public sector enterprise to a Schedule "A" public sector enterprise. Subsequently, on 14 October 2008, the NBCC was granted Schedule "A" PSU status. NBCC launched an IPO in April 2012 and was listed in BSE and NSE. In September 2012, NBCC was granted the Mini Ratna- I status by the Government of India. The Government of India granted the status of a 'Navratna Company' to NBCC with effect from 23 June 2014. The status of a 'Navratna PSE' made NBCC eligible to invest up to Rs 1,000 crore without the requirement of explicit government approval. In October 2014, NBCC set up its wholly owned subsidiary NBCC Services Limited (NSL). In 2021, NBCC’s order book had projects worth Rs.60,000 Crore. The Business Model of NBCC is categorized into three domains. They are project management consultancy (PMC), Engineering Procurement and Construction (EPC) and Real Estate Development. Revenue generation/redevelopment model: NBCC has been focussing on self-sustaining revenue generation model by taking up redevelopment of residential apartments for government employees and railway stations. It commercially develops the adjoining land parcels in the vicinity of the projects and makes it entirely self-sustainable. The major projects executed through this model are the GPRA colonies at New Moti Bagh and East Kidwai Nagar, New Delhi. In 1977, NBCC started working on international construction & infrastructure projects in the Middle East and African countries. The company has been engaged in the construction of National Prison Academy in Maldives, Supreme Court building and Social Housing project in Mauritius, Mahatma Gandhi International Convention Centres in 9 African countries and the India Pavilion at the Expo 2020 NBCC has formed subsidiaries and Joint Ventures for construction and & infrastructure projects in India and abroad. NBCC has adopted a policy to incorporate sustainable green features into its projects. The features include Zero waste , Dual piping, Rainwater harvesting, Solar energy, smart electricity metering, and LED/energy efficient fixtures. The projects undertaken by the company conform to Green Building norms. The company makes use of environment friendly techniques and materials such as steel structures, modular construction, pre-cast, pre-fab components and light weight concrete slabs
The company also ensures strict compliance with the guidelines to curb air and water pollution at its project sites in its bid to contribute towards a safer environment.
History
National Buildings Construction Corporation (NBCC) is a statutory corporation under the ownership of Ministry of Housing and Urban Affairs, Government of India.