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

Elections 2024: 1,351 candidates in fray for Phase 3

As many as 1,351 candidates from 12 states /UTs are contesting elections in Phase 3 of Lok Sabha Elections 2024. The number includes eight contesting candidates for the adjourned poll in 29-Betul (ST) PC of Madhya Pradesh. Additionally, one candidate from Surat PC in Gujarat has been elected unopp

2023-24 net direct tax collections exceed budget estimates by 7.40%

The provisional figures of direct tax collections for the financial year 2023-24 show that net collections are at Rs. 19.58 lakh crore, 17.70% more than Rs. 16.64 lakh crore in 2022-23. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget for FY 2023-24 were fixed at Rs. 18.

‘World’s biggest festival of democracy’ begins

The much-awaited General Elections of 2024, billed as the world’s biggest festival of democracy, began on Friday with Phase 1 of polling in 102 Parliamentary Constituencies (the highest among all seven phases) in 21 States/ UTs and 92 Assembly Constituencies in the State Assembly Elections in Arunach

A sustainability warrior’s heartfelt stories of life’s fleeting moments

Fit In, Stand Out, Walk: Stories from a Pushed Away Hill By Shailini Sheth Amin Notion Press, Rs 399

What EU’s AI Act means for the world

The recent European Union (EU) policy on artificial intelligence (AI) will be a game-changer and likely to become the de-facto standard not only for the conduct of businesses but also for the way consumers think about AI tools. Governments across the globe have been grappling with the rapid rise of AI tool

Indian Railways celebrates 171 years of its pioneering journey

The Indian Railways is celebrating 171 glorious years of its existence. Going back in time, the first train in India (and Asia) ran between Mumbai and Thane on April 16, 1853. It was flagged off from Boribunder (where CSMT stands today). As the years passed, the Great Indian Peninsula Railway which ran the

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter