What is the full form of NBCC

NBCC: National Buildings Construction Corporation

NBCC stands for National Buildings Construction Corporation. It is a Civil Engineering Enterprise under the Ministry of Housing & Urban Affairs of the Government of India. Since its foundation in 1960, it has now developed as an undoubted leader in the field of value-added construction on the basis of its capabilities, maintenance of high-quality standards, on-time service delivery and specialized and specific manpower. NBCC now holds the status of Navratna CPSE (Central Public Sector Enterprises). The NBCC headquarters are in Delhi.

Area of Operation of National Buildings Construction Corporation or NBCC

There are some primary segments which encompass the area of operation. They are as follows:

1. Project Management Consultancy (PMC) (93%): This segment includes making government Re-development Projects along with landmark projects of diversified sectors.
2. Engineering Procurement & Construction (EPC) (4%): In this segment, the work is done for the power sector by working in a niche market and making Chimneys, Cooling towers, etc.
3. Developing Real estate (3%): Inventories of Residential and commercial use for Government and Public enterprise come under this segment.

What is the performance of the National Buildings Construction Corporation or NBCC?

Considering its immense level of market capitalization, the name NBCC or National Buildings Construction Corporation, is mentioned in both of the Indian Stock Exchanges. The company has been in consistent growth since 2002 - 03. Against ?494 Crores meagre turnover in 2002 - 03, the company's topline reached ?10,151.37 Crore in 2018 - 19.

What are the Subsidiary Companies set by the National Buildings Construction Corporation or NBCC?

The following are the Subsidiary Companies set by the NBCC:

• NBCC Services Limited (NSL): This unit provides maintenance services post-construction.
• NBCC Engineering and Consultancy Limited (NECL): This carries on business functions and gives out solutions.
• NBCC Gulf LLC: This carries out commercial construction activities in Oman and its neighbouring countries.
• Real estate development and Construction Corporation of Rajasthan Limited: This is a joint sector venture for re-development projects in the field of Real estate in Rajasthan.
• NBCC International Limited: This performs its operations in foreign countries.
• NBCC Environment Engineering Limited (NEEL): This unit looks after the implementation of environmental projects.
• Hindustan Steelworks Construction Limited (HSCL): It was handed over to NBCC in 2017 to improve business in the steel sector.
• Hospital Services Consultancy Corporation Limited (HSCC): Around 100% of the stakes of this unit are held by NBCC. This unit specializes in the Health sector.

What is the status of the Global footprint of the NBCC or National Buildings Construction Corporation?

The NBCC initiated its operations in overseas countries in the year 1977. It initiated with doing projects in Botswana, Iraq, Libya, Maldives, Mauritius, Nepal, Turkey, Yemen, etc. At the present time, the presence of the company can be seen in Dubai, Oman, Maldives, Mauritius, and Seychelles. Additionally, it plans to make profits in Burundi, Malawi, Sierra Leone and Eswatini (erstwhile Swaziland) in the future. Despite this, in order to increase its profits, collaboration is made with JSV Belzarubezhstroy for joint participation in upcoming infrastructure and energy development projects in India and the Republic of Belarus.