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

Spotting and nurturing young talent, helping them bloom

Things don’t turn up in this world, as former US president James A. Garfield once said, until someone turns them up. This is all the more so, when one considers the hidden gems that are waiting to be discovered. The world is full of talented young people who need just a nudge to provide that spark th

Khadi sets new record for single-day sale at Delhi shop

On Gandhi Jayanti this year, the Khadi India outlet in Connaught Place in the capital once again set a new record of khadi sales in a single day. In a single day, the Khadi India showroom at Connaught Place marked sale of Rs. 1.34 crore and broke its own previous record of Rs. 1.01 crore se

Mumbai Metro: Delay on Tracks

In Mumbai, the ninth most populous and congested city on the planet, high rentals compel citizens to spend five hours on an average travelling to work every day. Mumbai’s Metro Rail System extending towards Mumbai Metropolitan Region (MMR) will not only provide East-West connectivity

Sustainable tourism is responsible tourism

Tourism is a huge part of global culture nowadays and is also one of the biggest sources of revenue across the world. According to the World Travel and Tourism Council (WTTC), in 2019, the tourism industry contributed $8.9 trillion or 10.3% to the global GDP. The industry witnessed a massive lull in 2020 d

Fernandes: A Life as Legacy

The Life and Times of George Fernandes By Rahul Ramagundam Penguin/New India Foundation, 624 pages, Rs 799 Amer

India set to enter 5G era

After years of intense preparation, India is about to take the next step in information and communication technology. Prime Minister Narendra Modi will launch 5G services in India on October 1 and also inaugurate the 6th Edition of India Mobile Congress 2022 to be held till October 4, at Pragati Maidan, Ne

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