NPCC to now build roads, buildings

The company faced many ups and downs in last 50 years

GN Bureau | January 10, 2018


#NPCC   #National Project Construction Corporation Ltd   #PSU   #Arjun Ram Meghwal  

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.

Comments

 

Other News

How inequality keeps rising amid pandemic – and is killing people

The world’s ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion (at a rate of $15,000 per second or $1.3 billion a day) during the first two years of a pandemic while the incomes of 99 percent of humanity fall and over 160 million more people forced into poverty. A new

Vistadome coaches on Central Railways a hit with passengers

The Vistadome coaches on Central Railways have received an overwhelming response from passengers. Not only have they boosted tourism and registered an occupancy of 20,407 passengers but also clocked revenue of Rs.2.38 crore between October and December 2021.   The CSMT-Madgaon-CSMT Jansh

Omicron on relentless run: India records 2.68 lakh cases

India is once again caught in a spike of Covid-19 cases, with the highly transmittable omicron driving numbers. The total cases in the country continued to increase on Saturday, recording 2.68 lakh cases in 24 hours. India`s active caseload currently stands at 14,17,820 or 3.85%, while the r

Bill Gates, charity and the dilemma of already successful people

Mantra and the meaning of Success By Rajesh Talwar Bridging Borders, 288 pages Rajesh Talwar, who works as Deputy Legal Adviser to the United Nations Mission in Afghanistan, has written 31 books, and on January 15 he is releasing one more. ‘

An inquisitive reader’s guide to Ramayana, Mahabharata and the Puranas

Essence of the Fifth Veda By Gaurang Damani Divine Destination, 234 pages, Rs 350 ‘Veda’ literally means ‘knowledge’.

Humility: Going beyond binaries to deliver justice to tribals

Being Adivasi: Existence, Entitlements, Exclusion [Part of ‘Rethinking India’ series] Edited by Abhay Flavian Xaxa and G.N. Devy Penguin, xxvi+182 pages, Rs 699 ‘Being Adivasi: Existence, Entitlements, Exclusion’ (Penguin India), edited by

Visionary Talk: Farmer`s Agitation, Rakesh Tikait with Kailashnath Adhikari


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter