NBCC (India) Ltd, a Navratna CPSE under Ministry of Housing and Urban Affairs (MoHUA)
New Delhi, 10.05.2018: NBCC (India) Ltd, a Navratna
CPSE under Ministry of Housing and Urban Affairs (MoHUA) has been appointed as Independent
Engineer by Gujarat State Road Transport Corporation (GSRTC) for supervision of
development of seven bus terminal facilities in the State of Gujarat. The MoU was
signed between Mr. Ajai Kumar, General Manager (Engg) on behalf of NBCC and Mr Hitesh
J. Parmar, Chief Civil Engineer, GSRTC.
The
State owned GSRTC has been developing these bus terminals in Rajkot, Patan,
Modasa, Navsari, Amreli, Bhuj and Bharuch on DBFOT (design, build, finance, operate
and transfer) basis with estimated cost of approx. Rs 100 crore for which concessionaires
have already been appointed by GSRTC.
“Our endeavor will be to ensure that quality
construction is achieved in compliance with technical requirements for the iconic
bus terminals of Gujarat State,†said Dr.
Anoop Kumar Mittal, Chairman-cum-Managing Director, NBCC (India) Ltd. “Our
diversified and rich experience in the field of construction and redevelopment
has enabled us to accept new varied business opportunities.â€
As
an Independent Engineer, NBCC’s scope of services involves vetting of design,
supervision of construction, periodic reviews as per project program and
reporting to GSRTC as per concession agreements signed with concessionaires.
NBCC
(India) Ltd., is a blue-chip Government of India Navratna Enterprise under the
Ministry of Housing and Urban Affairs (MoHUA), Govt. of India. Certified with
ISO 9001:2008 from the Bureau of Indian Standards in respect of Project
Management & Consultancy, the Company’s present areas of operations are
categorized into three main segments, i.e. (i) Project Management Consultancy
(PMC), (ii) Real Estate Development & (iii) EPC Contracting.
The
company is listed with both the Stock Exchanges since 2012. With consolidated
revenue of INR 6401 Crore, the company has been growing with a consistent
upward trajectory of 20% CAGR since the last 5 years. The company’s unique
business model has today made it stand out as a leader in its own right in the
construction sector with more than INR 85,000 crore Order Book in hand.