The company faced many ups and downs in last 50 years
GN Bureau | January 10, 2018
National Project Construction Corporation Ltd. (NPCC), a PSU of the ministry of water resources, river development and Ganga rejuvenation, will now undertake basic infrastructure projects like road, buildings and environment related projects, said union minister Arjun Ram Meghwal.
Addressing a function organized on the occasion of 61st Annual Day celebration of NPCC at New Delhi, Meghwal said that government is giving proper attention on development of infrastructure projects as well as on the projects related to linking of rivers and cleaning Ganga.
He said that NPCC has begun working as nodal agency in Jharkhand for clean Ganga mission.
NPCC CMD Sanjay Kundu narrated the achievement of the company and said that it was possible only due to collective efforts of the employees, cooperation of shareholders, clients and stakeholders.
He said the company faced many ups and downs in last 50 years and was revived by the government of India during 2009-10 and since then it is continuously earning profits. He informed the company paid a dividend of Rs. 1.02 crore for the year 2015-16 after a gap of almost 50 years. The dividend paid by the company to the government for the year 2016-17 was Rs. 2.05 crore.
During the last six decades NPCC has created land marks by completing innumerable projects even in remote areas where private sector companies did not venture.
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