NBCC bags orders worth Rs 1,000 crore from Uttarakhand, Rajasthan govts
Business

NBCC bags orders worth Rs 1,000 crore from Uttarakhand, Rajasthan govts

New Delhi, Oct 8: NBCC India Ltd, a Navratna CPSE under the Ministry of Housing and Urban Affairs has bagged orders worth Rs 1,000 crore from Uttarakhand and Rajasthan governments for various civil projects.

The projects include developing two rivers fronts in Dehradun along the rivers Rispana and Bindal and developing a new multi-storey housing complex for the Rajasthan Administrative Service (RAS) and Rajasthan Police Service (RPS) officers.

In Uttarakhand, NBCC, formerly National Buildings Construction Corporation Ltd, would work as an implementing agency and will be responsible for planning, designing, construction, operation and management. The scope of work also includes building essential facilities such as retaining walls, check dams, storm water drain, utility provisions, road side green stretch, pedestrian walkways and bridges.

The entire project would be developed on a self-revenue generating model. Once the project gets completed, both NBCC and Mussoorie Dehradun Development Authority(MDDA) will recoup the initially invested funds from the sale of its commercial proceeds.

In Rajasthan, NBCC will construct 250 flats of the Type I category of approximate size of 2,500 sq feet each. To recover the construction cost of flats that will be developed for officials, NBCC has been allowed to construct and sell two commercial blocks.

“NBCC has earned laurels in executing projects of strategic importance. We feel proud to be nominated for developing two major river fronts in Uttarakhand and multi-storey housing complex for the RAS and RPS officers. We will deploy our best manpower to make these projects an iconic development for the entire country,” said Dr Anoop Kumar Mittal, Chairman-cum-Managing Director.

The company already has presence in Uttarakhand and has undertaken a number of projects namely, construction works in IIT Roorkee costing 231 Crore, Vidhan Sabha building at Gairsain costing 118.99 Crore, CRPF Quarters at Kathgodam costing 73 crore among others.

The company has successfully completed construction works at Hemwati Nandan Bahuguna Garhwal University; ITBP at Mussoorie; and Infra development work for SIIDCUL, Sitarganj among others, according to a statement here on Monday. (UNI)