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NBCC

News An IS/ISO 9001:2015 Company

Dr. Ambedkar International Centre

October-December 2017

Building India Reshaping the Nation with a new Vision


world trade center

tM

at nauroji nagar, new delhi

Ministry of Housing and Urban Affairs Government of India

RERa Registration: applied for

sale through

E- a

io u ct

n

FreeHold coMMercIal SPace at nauroji naGar, new delHI for details please visit

www.nbccindia.com corrigendum/addendum if any, would appear only on the website

Redevelopment of nauroji nagar by

nBcc (IndIa) lIMIted (a Government of india Enterprise) (Formerly national Buildings construction corporation Ltd.)

On behalf of MiniStry OF HOuSing and urban aFFairS Corporate Office: NBCC Bhawan, Lodi Road, new Delhi-110003. cin-L74899DL1960G003335

Sale open for all. For more details call:

011-46990020, 9789805708, 8527495482, 8527633176, 8527136569 & 8527559481 or mail to sales.nauroji@nbccindia.com

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CMD Letter

L

Dear Colleagues, Last year, the month of November was the time of grand jubilation for us, when we celebrated our beloved company’s 57th Foundation Day with full enthusiasm. It was a proud moment for us when we achieved another astonishing feat in the shape of NBCC's postal stamp - ‘My Stamp’. As we are heading towards the end of a prosperous year, it is time to look ahead and think of the prosperity waiting for us all in the coming year. But, before we look forward to 2018, let us reflect upon our achievements and highlights of the year 2017. With an aim to change the construction scenario in the country through mega redevelopment projects, NBCC has pushed its boundaries by attempting bigger and bigger projects such as WTC Delhi, IECC Pragati Maidan in Delhi, etc. We have bagged such projects on our reputation for keeping deadlines, for using the latest international technologies through tie-ups, and for its radical designs that meet even future needs like EV charging stations. Financially, we have changed the growth graph of the company that presently reads a consistent growth of 21 per cent with Order Book touching almost `1,00,000 crore. The Q2 profit of the company has increased by 31.33 per cent and market cap rising to an all time high of `25,000 crore. This is simply our commitment and dedication that has paid off and I congratulate you all for your efforts. Now, as the New Year approaches, it will bring along its own challenges. But I am sure, by working as a Team with dedication and excelling in our respective areas, we can successfully face all challenges coming our way as we have exhibited it time and again. Let me also mention here that New Year is never without resolutions and hence we also should have some. With huge reputation earned by the Company in the domestic market, our next step is to further explore and consolidate our global foot print by aggressively pursuing overseas expansion and capturing new geographies in the International Market. Carrying 57 years of industry expertise, operational command, committed workforce and entrepreneurial mind-set, I am quite confident of achieving the goal. To conclude, I wish all of you a very Happy and productive New Year 2018. With best of wishes and greetings!

Anoop Kumar Mittal Chairman-cum- Managing Director

AK Mittal, Chairman-cumManaging Director of NBCC

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Mkñ vuwi dqekj feŸky v/;{k ,oa izca/k funs’kd

www.nbccindia.com – 1


04 20

contents

Episode

New projects, achievements and more

Applause

Appreciating the efforts of the talent pool

HRM Highlights Showcasing the policies implemented by HRM Department

12 30 Inizio

Inaugurations from October to December

Exaltation Members of NBCC family who were promoted

EDITOR Sunita Purswani CGM (Research & Development) CO-ORDINATOR B Bhattacharya AGM (Corporate Communication) MEMBERS B.K.Sokhey ED (Finance) Yogesh J.P. Sharma ED (Business Development) Manas Kaviraj CGM (Human Resource Management) NBCC (INDIA) LIMITED

NBCC Bhawan, Lodhi Road, New Delhi - 110003, India E-Mail: bd.nbcc@nic.in PUBLISHED BY MAXPOSURE MEDIA GROUP CEO & Managing Director: Prakash Johari Editor: Neelam Singh Information: info@maxposuremedia.com

16 31

Novedades

Cheerio

List of people who resigned and were superannuated

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18 32

The Talk

NBCC Chairman-cum-MD, AK Mittal, on transformation of NBCC in last 5 years

2 â&#x20AC;&#x201C; NBCC News

Features on Real Estate and achievements of NBCC

07 28

Showcasing some of the major concerns and highlights from the sector

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Fiscal Matters Financial Data of NBCC between October and December

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NBCC News is printed and produced by Chairman, NBCC Board, Government of India and published at Maxposure Media Group India Pvt Ltd (MMGIPL). NBCC News is published quarterly. All rights reserved. Reproduction or translation in any language in whole or part without permission is prohibited. NBCC and MMGIPL do not assume responsibility for loss or damage of unsolicited products, manuscripts, photographs, artwork, transparencies or other materials. The views expressed in the magazine are not necessarily those of NBCC or MMGIPL. All correspondence should br addressed to Maxposure Media Group India Pvt Ltd, #TheAddress, Plot No. 62, Okhla Phase III, New Delhi - 110020, India Tel: +91 11 43011111, Fax: +91 11 43011199.


Bienvenido...

With great pleasure NBCC welcomes Hon'ble Minister Sh. Hardeep Singh Puri as the new Minister of State (Independent Charge) for Housing and Urban Affairs Ministry. NBCC looks forward to be inspired and motivated by his leadership.

The1974 batch Indian Foreign Service officer has served as the Permanent Representative of India to the United Nations from 2009 to 2013. Hon'ble Minister Sh. Hardeep Singh Puri has also served as the Chairman of United Nations Security Council Counter-Terrorism Committee, Vice President of International Peace Institute and Secretary-General of Independent Commission on Multilateralism in New York. He has been stationed at important diplomatic posts in Brazil, Japan, Sri Lanka, and the United Kingdom. Between 1988 and 1991, he was the Coordinator of the UNDP/UNCTAD Multilateral Trade Negotiations Project to help Developing Countries in the Uruguay Round of Multilateral Trade Negotiations. He also served as the chairman of the United Nations Security Council Counter-Terrorism Committee from January 2011 to February 2013, and as the President of the United Nations Security Council in August 2011 and November 2012. In June 2013, Puri joined International Peace Institute as a Senior Advisor and joined the Bharatiya Janta Party in January 2014. He has over 40-year experience in diplomacy covering the multilateral arena. www.nbccindia.com â&#x20AC;&#x201C; 3


Episode

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The Talk

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Exaltation

The Festival of Lights elated the NBCC family

LIGHTS &

MERRIMENT

NBCC organised a Diwali Mela on October 5, 2017 at NBCC Place, Pragati Vihar, New Delhi. The day-long event witnessed activities like tambola, henna application, cultural events and various other activities. Many stalls were orgnaised during the Diwali mela. The day saw active participation of the employees of NBCC and their family members. Various invitees and members of the general public also took part in the event. The CMD, Dr. Anoop Kumar Mittal, lit the lamp and participated in merriment and festivities. The prize distribution ceremony was also organised.

O C T O B E R

The employees of NBCC and their families began the celebration by filling the sky with colourful balloons

Smt. Asha Mittal, Smt. Sonal Chaudhari and Sr Officials of NBCC during stall visit

4 â&#x20AC;&#x201C; NBCC News

Henna application during Diwali Mela


Applause

Novedades

HRM Highlights

Cheerio

Fiscal Matters

Dance performance by NBCC employee

Performance by the family member of NBCC employee

The employees of NBCC and their family members participated in the event with zeal

Smt. Jhanjha Tripathy, JS and FA (MoHUA) at Diwali mela

Dr A K Mittal, CMD, NBCC during lighting of the lamp. Sh. Sanjiv Swarup, CVO, NBCC was also present

Dr. A K Mittal, CMD; Sh. Neelesh Shah, Dir. (Project); Sh. Rajendra Chaudhari, Dir. (Commercial) NBCC during prize distribution

www.nbccindia.com â&#x20AC;&#x201C; 5


Episode

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The Talk

SAMVAAD

The 10th edition of SAMVAAD organised by NBCC

O C T O B E R NBCC organised 10th edition of its in-house platform, SAMVAAD for quarterly deliberations on Corporate Strategy and Policy Issues. The event, organised on October 14, 2017 at The Umrao, was chaired by Dr Anoop Kumar Mittal, CMD, where the participants comprising senior executives of the organisation, brought forth their views and ideas for strategic growth, business development, systemic improvements, etc.

N O V E M B E R

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Exaltation

NBCC

pays final dividend to the Govt

The CMD of NBCC Dr Anoop Kumar Mittal handed over a cheque of `74.25 crore by NBCC as Final Dividend declared at 55%, i.e., `1.10/- per paid up equity share of `2/- each for the financial year 2016-17. The cheque was handed over to Sh. Hardeep Singh Puri, Hon'ble Minister of State (I/C) for Housing and Urban Affairs (MoHUA), Government of India (GOI) at a function held on October 30, 2017. NBCC, in effect, paid a total dividend of `110.025 cr to the Government of India for FY 2016-17 that includes interim dividend of `35.775 cr paid earlier during the year @ 26.5%, i.e., `0.53 per paid-up equity share of ` 2/- each.

NBCC

observes Vigilance Awareness Week 2017 NBCC observed ‘Vigilance Awareness Week’ with full enthusiasm from October 30 to November 4, 2017 on the theme ‘My Vision Corruption Free India’. Highlights of the week-long event included release of Vigilance Bulletin titled ‘Pardarshita’ produced by Vigilance Department of NBCC incorporating valuable insights on vigilant practices. Dr Anoop Kumar Mittal, CMD, NBCC along with Sh. K.V. Chowdary, Central Vigilance 6 – NBCC News

Commissioner and accompanied by Sh. Sanjiv Swarup CVO; Rajendra Chaudhari, Director (Commercial); Neelesh Shah, Sr. ED; S.D. Sharma, Sr. ED and other senior officers of NBCC released the Bulletin. Corporate Vigilance Division

also organised many other important activities on the occasion, which included administering Vigilance and Integrity Pledge and Lecture on Stress Management and Ethics, Debate Competition among others.


Applause

Novedades

HRM Highlights

Cheerio

Fiscal Matters

AWARDS &

ACCOLADES Showcasing some of the major trophies received in the quarter

O C T O B E R

CII INDUSTRIAL INNOVATION AWARD BAGGED BY NBCC NBCC was conferred with CII Industrial Innovation Award on October 24, 2017 at the Industrial Innovation Summit 2017 in New Delhi. Sh. R.K. Aggarwal, ED (Engg.), East Kidwai Nagar & Smt. Sunita Purswani, CGM (R&D) received the award on behalf of NBCC.

NBCC CONFERRED WITH INDUSTRY EXCELLENCE AWARD 2017 NBCC (India) Limited bagged the prestigious ‘Industry Excellence Award 2017’. The award was conferred upon the company by the Institution of Engineers (India) on December 21, 2017 at a function held in Chennai. www.nbccindia.com – 7

D E C E M B E R


Episode

N O V E M B E R

8 â&#x20AC;&#x201C; NBCC News

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Exaltation


Applause

Novedades

HRM Highlights

Cheerio

Fiscal Matters

NBCC Celebrates

57

SBG (South), Chennai

FOUNDATION DAY

On November 15, 2017, NBCC family was all geared up to celebrate the 57th Foundation Day at Siri Fort Auditorium, New Delhi. The evening was graced by Sh. Hardeep Singh Puri, Hon'ble Minister of State for Housing and Urban Affairs (I/C); Sh. Manoj Sinha, Hon'ble Minister of State for Communication (I/C) and Railways; Sh. Durga Shanker Mishra, Secretary (MoHUA); Dr Anoop Kumar Mittal, CMD, NBCC among others. On the occasion, Department of Post, Ministry of Communication, issued a Postage Stamp and Special Cover on NBCC under the title ‘My Stamp’ in recognition of NBCC’s excellent performance and contribution towards nation’s development. The event was further followed by musical rendition by the renowned trio of Shankar Ehsaan Loy and Troupe.

SBG, Jharkhand

SBG Office, Guwahati

SBG Office, Nagpur

www.nbccindia.com – 9


Episode

Inizio

The Talk

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Happy Faces at the Clients'

Exaltation

Meet

A gathering of clients of NBCC was organised on November 17, 2017. The CMD of NBCC Dr Anoop Kumar Mittal greeted the clients and a dinner was also organised for the guests.

N O V E M B E R

NBCC

runs for a Cause

10 â&#x20AC;&#x201C; NBCC News

The Airtel Delhi Half Marathon that flagged off on November 19, 2017 was cosponsored by NBCC. The event saw the participation of (Smt./Sh.) Durga Shanker Mishra, Secretary, MoHUA; Rajendra Chaudhari, Director (Commercial); Sanjiv Swarup, CVO; Neelesh Shah, Sr. ED, NBCC along with other senior officials of NBCC. Thousands of people participated in the marathon titled, 'The Great Run'. Themes such as pollution, cyber bullying, animal cruelty and even GST were showcased during the marathon.


Applause

Novedades

HRM Highlights

Cheerio

Fiscal Matters

NBCC signs

Shareholders' Agreement The Ministry of Steel transferred its 49 per cent stake in Hindustan Steelworks Construction Ltd. (HSCL) to Housing and Urban Affairs Ministry on December 22, 2017. The signing of agreement will pave way for NBCC India Ltd to take full control of its subsidiary HSCL.

NBCC CMD in a heart-toheart chat with

Radio City listeners

Signing of Shareholders' Agreement

Laadli Foundation Trust organised ‘Run for Laadli programme’ on December 17, 2017. On the occasion, Dr. Anoop Kumar Mittal was a part of one of the programmes of Radio City and empowered the listeners on issues related to women and their position in society.

Officials at the Shareholders' Agreement Meet

www.nbccindia.com – 11

D E C E M B E R


Episode

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The Talk

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Exaltation

dsna hz ; x`gea=h }kjk jk"Vªh; tkap ,tsla h eq[;ky; dk mn~?kkVu O C T O B E R

dsna hz ; x`gea=h Jh jktukFk flag us 10 vDVwcj] 2017 dks ubZ fnYyh ds yksnh jksM esa jk"Vªh; tkap ,tsl a h ¼,uvkbZ,½ ds uofufeZr eq[;ky; dk mn~?kkVu fd;kA bl dk;kZy; dks cukus dk dk;Z ,uchlhlh ¼bafM;k½ fyfeVsM us fd;k gSA bl ifj;kstuk dks fu/kkZfjr le; esa iwjk djds ,uchlhlh us fuekZ.k dk;ksZa dks iw.kZ djus ds izfr viuh izfrc)rk dks mtkxj fd;k gSA ,uchlhlh dk /;s; lqjf{kr o lajf{kr Hkou fuekZ.k djuk gSA bl volj ij dans hz ; x`g jkT; ea=h] jk"Vªh; tkap ,tsl a h ds egkfuns’kd rFkk ,uchlhlh ds mPpkf/kdkjh mifLFkr FksA

N O V E M B E R

Foundation Stone laying of

PMGSY Road & Bridge Works On November 12, 2017, Union Cabinet Minister, Shri Juel Oram and Sh. Rakesh Narayan Sinha, DGM, NBCC laid the foundation stone of PMGSY Road & Bridge works at Rourkela in Odisha. The ceremony was also attended by several other MLAs. 12 – NBCC News

PMGSY, Rourkela, Odisha


Applause

Novedades

HRM Highlights

COVER STORY

ICONIC

Dr Ambedkar International Centre Inaugurated

Cheerio

Fiscal Matters

Executed by NBCC, the World Class Centre named, Dr Ambedkar International Centre at Janpath, New Delhi, was inaugurated by the Prime Minister Narendra Modi. During the inauguration on December 7, 2017, the PM unveiled two statues of the Dalit icon. It has been built to be an inspiration for the promotion of the thoughts and teachings of Dr Ambedkar. The building is a fusion of Buddhist and present-day architecture. The centre houses seminar as well as conference halls. It also includes three auditoriums and an extensive library with a rich digital repository.

D E C E M B E R

Hon'ble Prime Minister Sh. Narendra Modi at the inauguration of the Dr Ambedkar International Centre at Janpath, New Delhi

Conference Hall at the Dr Ambedkar International Centre

Top shot of the Dr Ambedkar International Centre at Janpath

www.nbccindia.com â&#x20AC;&#x201C; 13


Episode

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The Talk

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Exaltation

Foundation Stone laying of

International Exhibition-cumConvention Centre (IECC) The iconic Pragati Maidan will be transformed into a World-Class Business Centre. The process of transformation kicked-off when Honourable Vice President M Venkaiah Naidu laid the foundation stone for the International Exhibition-cum-Convention Centre (IECC) and Integrated Transit Corridor Development project on December 21, 2017. The IECC will have 7,000 seats, a planner hall, a 3,000-seat amphitheatre, two auditoriums, 22 conference rooms and a business centre, among others.

Prospective view of the Exhibition Centre

D E C E M B E R Hon'ble Vice President M Venkaiah Naidu at the Foundation Stone laying of IECC along with ministers and other officials

Sh. M. Venkaiah Naidu; Dr A.K. Mittal; Sh. Deepak Kumar; Ms Rita A Teaotia; Sh C.R. Choudhary; Sh. Suresh Prabhu; Sh. Hardeep S. Puri; Sh. Pradeep Kumar Sinha; Sh. LC Goyal; Sh. Durga Shanker Mishra; Sh. Sarvagya Srivastava on the dias

14 â&#x20AC;&#x201C; NBCC News


Applause

Novedades

HRM Highlights

Cheerio

Fiscal Matters

Prospective view of the Convention Centre

Hon'ble Minister Sh. Hardeep Singh Puri at the Foundation Stone laying of IECC

www.nbccindia.com â&#x20AC;&#x201C; 15


Episode

O C T O B E R

Inizio

A Step

FORWARD NBCC and FORTUM collaborates to build EV charging stations in India

Novedades

The Talk

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NBCC collaborated with FORTUM to develop Electric Vehicle (EV) charging stations in India. As a pilot project, FORTUM has installed one 22 kw AC charger at the NBCC premises in New Delhi. The charging station was inaugurated by Finland’s Minister for Housing, Energy and Environment, Kimmo Tiilikainen in the presence of the Secretary of MoHUA, Sh. Durga Shanker Mishra and Dr Anoop Kumar Mittal, Chairman-cum-Managing Director, NBCC. The Indian government is bringing more opportunities for automobile manufacturers and associated electric vehicle (EV) service providers by signing up the MoU. The government has planned to switch to EVs by 2030. It will buy 10,000 electric sedans through state-run Energy Efficiency Services Ltd., Tata Motors Ltd. and Mahindra will supply 500 cars in the first phase.

jsyos LVs’kuksa dk gksxk th.kks) Z kj

N O V E M B E R

,uchlhlh ¼bafM;k½ fyfeVsM us ns’k esa 10 jsyos LVs’kuksa ds th.kks) Z kj dh ;kstuk cukbZ gSA ;g dk;Z ;kstuk 2020 rd iwjh djus dk y{; fu/kkZfjr fd;k x;k gSA bu jsyos LVs’kuksa ij foekuiÙku dh Hkkafr lqfo/kk,a miyC/k djkbZ tk,axhA bl dk;Z ij 5]000 djksM+ #i, O;; fd, tk,axAs bl fn’kk esa jsy Hkwfe fodkl izkf/kdj.k ,oa ,uchlhlh ¼bafM;k½ fyfeVsM us le>kSrk i= ij gLrk{kj fd, gSAa ftu 10 jsyos LVs’kuksa dk th.kks) Z kj fd;k tk,xk muesa fnYyh dk ljk; jksfgYyk] y[kuÅ] xkserh uxj] dksVk] fr#ifr] usYyksj] ,ukZdy q e] iqMp q js h] eMxkao ,oa Bk.ks ize[q k gSAa Prospective view of the Railway Stations after redevelopment

16 – NBCC News


Applause

HRM Highlights

Exaltation

Cheerio

Fiscal Matters

NBCC signs

MoU with TERI NBCC, a Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA), Govt of India, has recently signed a Memorandum of Understanding (MoU) with the Energy and Resources Institute (TERI) for the period of 5 years. The MoU was signed between Sh. Yogesh JP Sharma, Executive Director, on behalf of NBCC (India) Ltd. and Sh. Sanjay Seth, Senior Director, on behalf of TERI for a period of 5 years. Under the MoU, TERI will be providing advice and consultancy to NBCC on identifying solutions for sustainable development and implementation of GIRHA for new

D E C E M B E R projects. TERI will also be assisting NBCC in formulating sustainable development policy and long-term sustainable development plan. Further,

it will be giving consultancy for conducting environment assessment and energy management in the existing projects among others.

Biz talk

Business Development Data

DETAILS OF WORKS SECURED DURING OCTOBER-DECEMBER, 2017 Name of Client

Value of work (Rs. in crores)

Reconstruction of Manora MLA Hostel at Nariman Point Mumbai

Govt. of Maharashtra

400

Construction of NTRO Headquarters Buildings at Ayanagar, New Delhi

NTRO, Govt. of India

98.69

Ministry of Home Affairs

215.77

Central Institute of Plastic Engineering & Technology

46.00

National Insurance Company Limited

53.00

Name of work & place

Construction of Border Fence and Road along INDOBANGLADESH Border in Meghalaya state from near Dawki (near BP No.1272/M) to near Jaliakhola (near BP1301/4s). Planning, Designing and Construction Supervision of R&D wing namely Advanced Polymer Design & Development Research Laboratory (APDDRL) at Bengaluru Construction of office cum Training Complex at Chennai Total

813.46

www.nbccindia.com â&#x20AC;&#x201C; 17


Episode

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Novedades

TOWARDS A

NEW ERA Chairman-cum-Managing Director of NBCC, Anoop Kumar Mittal has achieved nothing short of a total transformation of the organisation within 5 years. He talks about how he has made NBCC a government’s agency of choice for outsourcing projects.

Prospective view of the Twin Tower Trade Centre, Guwahati

18 – NBCC News

The Talk

O

Pen Down

n March 22, 2012, a small PSU IPO hit the Indian market for raising just `125 crores as part of Government’s disinvestment program. Since the company was not in need of funds and not issuing fresh shares, its only promoter, Government of India, was the only seller. While the NBCC IPO was oversubscribed by nearly five times, the opening day trade was flat to negative, making some retail investors to sell out on the listing day itself. But in April 2013, there was a change of guard at the top in NBCC. Soon after taking over the top job in April 2013, Anoop Kumar Mittal vowed to make it a Navaratna enterprise as fast as possible. He set out to demolish the ad hoc structures followed till then in the company, and went in for a new professional and transparent structure for the hierarchy as well as operations. But the most lasting contribution from Anoop Kumar Mittal was that he taught the NBCC team to dream big and dream larger than life. It took time to convince the


Applause

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various government and public sector clients to entrust bigger projects with NBCC, but finally it started happening. The company’s topline and bottomline began to swell, taking even seasoned investors by surprise. Today, those who had invested in NBCC in 2012 are sitting at nearly 24 times their investment! NBCC’s market capitalisation has swelled from barely 1000 crores then to over 21,500 crores now. CMD Mittal continues to push the boundaries for NBCC by attempting bigger and bigger projects, especially in the redevelopment sector, which brings together its expertise in PMC, EPC & real estate development. Two such projects worth mentioning are the `3,200 crore project in Central Excise land in Wadala, Mumbai, and the 3.5 million sq ft World Trade Centre at Nauroji Nagar in New Delhi. The company bags such projects on its reputation for keeping deadlines, for using the latest international technologies through tie-ups, and for its radical designs that meet even future needs like EV charging stations. Besides this, NBCC continues to get bulk projects like redevelopment of around 12 major railway stations across the country.

You had recently entered into a tie-up with a Finnish major to open nationwide electric charging stations. Do you think the Indian EV market is ripe for such a move? There is a chance for this happening, and this move is anticipating such a development. It doesn’t mean that since we have 5000 apartments coming up at Kidwai Nagar, we will go and install 50 charging stations there in one go. We will commission them only in steps, as and when the need arises. But the main point is that from now on, all our suitable projects will have the basic design and facilities in place to install EV charging stations later, when the need arises.

Did you

Know

?

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NBCC IS MAKING PLANS WITH THE NEXT 50 YEARS IN MIND. WE CARE ABOUT HOW EACH OF OUR CONSTRUCTED BUILDINGS WOULD FARE 50 YEARS FROM NOW NBCC’s core projects span domains like PMC, EPC, and realty. Can you walk us briefly through each of these sectors, and the potential they hold for NBCC? Over 90 per cent of our business is Project Management Consultancy (PMC), while the rest is split between Engineering Procurement Construction (EPC) and Real Estate Development. Some of our major projects commissioned recently include, NIA Lucknow, BPR&D Mahipalpur, TFC Varanasi, and the NIA CGO Complex. Some of our largest ongoing projects include the Greenfield Redevelopment Project at Wadala, Mumbai on Central Excise Department land, and the World Trade Centre (WTC) at Nauroji Nagar, New Delhi. What would be the financial scope of these larger projects? And what would be the scale of your typical projects? The Mumbai project at Wadala Central Excise land will be at around `3200 crores, and will be done on self revenue generation model. The New Delhi WTC at Nauroji Nagar will be really huge at a built-up area of 3.5 million sq ft, to

Dr Anoop Kumar Mittal pursued his graduation in Civil Engineering from Punjab’s Thapar University.

Dr Anoop Kumar Mittal was an NBCC veteran for 28 years when he was made the Chairman & Managing Director.

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be completed in 3 years time. It is one of the largest such projects in Asia. Our typical projects range from `50 crore to `500 crores and above. Some of the other large projects we have bagged include SDMC HQ at Pragati Maidan amounting to `525 crores, Sports Injury Centre at Safdarjung Hospital at `464 crores, and DG S&D Office Complex at nearly `227 crores. Apart from winning such orders, project to project, are you having bulk projects from the Centre or State Governments? We have signed up with RLDA, Ministry of Railways for redevelopment of 10 railway stations at Nellore, Kota, Delhi Sarai Rohilla, Thane, Madagaon (Goa), Gomti Nagar, Lucknow, Tirupati, Ernakulam, & Puducherry. NBCC has also been offered the Varanasi and Ghaziabad stations by Indian Railways. With regard to State Governments, NBCC is exploring redevelopment of properties in Assam, Jharkhand, Maharashtra, Odisha, Rajasthan, Tripura, & Uttar Pradesh. Analysts have remarked that your order-book position continues to be strong, at over Rs.75,000 crore. For what kind of a period will this be sufficient for with the current level of project attrition? Our current order book is at `75,000 crore, around 94 per cent of it coming under PMC. It should be enough for the next 5 years. But we will be adding new orders at a rapid pace, so that we can safely say that the combined topline for the next 5 years would be at least `75,000 crore. At the end of this 5 year period, we expect our order book to be around ` 2 lakh crore. (Seasonal Magazine in conversation with Dr. Anoop Kumar Mittal, CMD, NBCC. Edition: November 2017 )

Within 14 months of taking over as CMD, Mittal succeeded in making NBCC a Navaratna enterprise.

www.nbccindia.com – 19


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RISK MANAGEMENT FRAMEWORK FOR CONSTRUCTION PROJECTS

Last year, Press Bureau of India noted that about 45 per cent of loans to construction sector are under stress. These figures reflect the dire need of incorporating risk management practices in Indian construction sector. NBCC sponsored a research project titled ‘Identification, Evaluation and Strategic Management of Risks in Infrastructure Projects in India’ to Indian Institute of Technology, Delhi and the present article is based on the research outcome.

C

entre of Monitoring Indian Economy Pvt. Ltd. in 2016 reported that the total value of stalled infrastructure projects as consequences of various risks is `11.4 trillion. NBCC has set the vision of being ‘world class construction business company attaining global standards…’ However, risks are uncertain events or conditions that may have impact on the project objectives. The consequences of the risks are reflected as project delays, cost overruns, deterioration in relationships with stakeholders, scope variations, design changes, poor quality, etc. Developing risk management capabilities will give NBCC significant competitive advantage and will be valuable in pursuit of its vision. The aim of the research project was to develop a Risk Management Framework (RMF) for construction projects in India.

FROM PROJECT MANAGEMENT TO RISK MANAGEMENT Organisations in the construction industry have adopted elaborate practices of project management to achieve major objectives of Time, Cost, and Quality. These practices are grouped under – Detailed Project 20 – NBCC News

Report (DPR), Tender management, Contract management, Design management, Schedule management, Cost management and Procurement management. Activities in projects are planned for scenarios built on information provided by various stakeholders and departments. During project implementation, actual scenarios may deviate and thus induce uncertainties in the projects. This is where the risk management comes into play to identify uncertainties, assess their possible impacts and minimise these impacts on projects. Put differently, risk management has task of making the existing Project Management System (PMS) more robust and reliable by mitigating the factors that cause deviations in plans. Hence, organisations first need to have PMS and then adopt risk management framework to make sure PMS works properly.

HIERARCHICAL STRUCTURE OF RISKS Organisations are largely concerned about Time overrun, Cost overrun, and Poor quality as major risks and aim to control their impact on project. They also treat these risks or other risks as isolated issues while mitigating them. The ISM model sets out

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Written by: Ratnesh Kumar

Research Scholar, IIT Delhi

KNOWLEDGE MANAGEMENT FOR RISK MANAGEMENT As the part of research project, the research team carried out detailed case study of select ongoing projects of NBCC located in the states of Tamil Nadu, Telangana, Maharashtra, Uttar Pradesh, Uttarakhand, West Bengal, Assam and Tripura. Detailed case study reports on each project demonstrate identification and assessment of risks from information available within the projects. These cases along with Risk Treatment Plan and Observations on Contract Clauses included in the research report can be used as resource to train executives in identification and management of risks. www.nbccindia.com â&#x20AC;&#x201C; 21


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the risks in project in hierarchical manner. Figure 1 indicates how various risks affect the other risks and overall project. The risks at lower level of ISM diagram are driver risks and risks at the top level of ISM are driven risks. The risks such as time and cost overrun lying at the top of the hierarchy can be controlled only if the causal or driving risks are controlled. Therefore, the effective risk mitigation measures should focus on the drivers of the risks. However, this research work though development of Interpretive Structural Modelling diagraph (Figure 1) has revealed that the risks of Time overrun, Cost overrun and Poor Quality are themselves effect of several inter-connected risks

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that occur in a project. In fact, the risks in a project have a hierarchy of influencedependence relationships as illustrated in Figure 1. The black arrows in the figure 1 culminate in the driven risk of 'stakeholder relationship', blue arrows culminate in the risk of 'cost over-run' and red arrows culminate in the risk of 'time over-run'. The risks in the lower part of the hierarchy occur early in a project and if not controlled, will result in the risks located higher in the hierarchy. The diagraph shows that Cost overrun is driven by Time overruns and many other risks. An effective risk mitigation measure has to target the root causes of risks. Based on these observations, strategic

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and project level RMFs are developed that can be implemented as a project progresses.

RISK MANAGEMENT FRAMEWORK (RMF) RMF has been developed at two levels – strategic level and project level. NBCC has most of its business as project management agency for public projects. Considering this, Figure 2 illustrates a board strategy for mitigating most critical risks along the various stages of the project. This strategy also considers that four critical risks, viz. 1-Scope variation risks, 2-Time overrun, 3-Poor performance of the contractors and 4-Financing risks are identified as relay risks indicating that if one or more of these four risks occur in a project, it is very difficult to mitigate them and may lead to project failure. The RMF at project level divides a project into four stages of (a) Conceptualisation and DPR, (b) Financing and contracting, (c) Construction, and (d) Commissioning. The RMF also prescribes list of steps, documents and analysis that needs to be performed during each stage of a project to facilitate risk management. It provides detailed Risk Treatment Plan (RTP) for each critical risk including warning signs of risks, root causes and remedial steps to be taken.

RECOMMENDATIONS

Figure 1 ISM diagraph showing hierarchical structure of critical risks in a project

RESEARCH METHODOLOGY Initially researchers proposed risk assessment models for construction projects mostly focusing on variances in schedule and cost estimates. Later, they started attempting assessment of all kinds of risks, largely based on qualitative data and treating every risk as independent issue. For this research project, sources of data were – (a) Industry survey for qualitative data of 22 – NBCC News

NBCC has an existing risk management policy and all projects are implementing it at varying level of rigour. Implementing a new RMF may take a while. However,

experts’ opinion, (b) Case studies for direct observations on ongoing projects and (c) Analysis of dispute cases to evaluate risks. These three sources of data correspond to project scenarios in past, present and future thus giving an insight into perpetual risks. As first step, assessment of 54 identified risks was done through structured industry survey. The survey included


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safe work conditions at sites. NBCC representatives can improve the site work conditions by being vigilant about it. Project team should also include at least one safety steward. (iv) Risk Register: Each project of NBCC is required to maintain a Risk Register that also evaluates risk exposure. It was observed that risk registers show constant risk exposure over several months of project progress. The project team must understand that risk exposure will always vary with progress of the project and same should be included in risk reviews.

Figure 2 Framework for strategic management of risks in infrastructure projects from the perspective of NBCC

based on observations from case studies and research findings, project teams can take immediate steps in the following areas of project management that will have quick rewards. (i) Scope variation: Unless the owners and consultants freeze the requirement of a project, the project is bound to be delayed and will induce Cost overrun. NBCC executives must facilitate finalisation of scope of the project. The research has highlighted that scope variation is the underlying reason in over 35 per cent of construction claims and impacts about 10

measurement of Likelihood and Impact of each risk on a Five point Likert scale by 41 industry practitioners. Frequency Index (FI) corresponding to Likelihood, Severity Index (SI) corresponding to Impact, and Criticality Index (CI) corresponding to exposure of a project to a risk (given by FI x SI) were calculated. Thirty four risks having CI higher than cut-off CI value of 36% were considered as critical risks. Two parallel approaches of risk

per cent of contract value. (ii) Time overrun: Integrated project schedule (including site availability, interdependence of activities, design, procurement, resource allocation) using a standard project management software such as MS Project or Primavera should be done. It allows real time monitoring and updation of project schedule and effective monitoring. (iii) Site safety: Executives must realise that all the stakeholders of projects are legally accountable for maintaining

assessment through (b) case studies and (c) analysis of dispute cases were done to substantiate the findings through survey. All critical risks were consolidated into 21 critical risks for second survey to identify interdependence among risks. Analytical tools of Cross Impact Matrix (CIM), MICMAC, and Interpretative Structural Modelling (ISM) were used to develop a hierarchical structure.

Risk Management Dashboard It is developed to facilitate implementation of RMF by NBCC at project level. This Dashboard is a prototype MS Excel template based on prevalent format of a risk register. It includes Warning sings to detect risks, Likely root causes, risk definitions, Hierarchical relationships of risks, and Potential mitigation actions, in the form of interactive tables and figure that can be customised for individual projects with little effort but will require information and assessment of risks in that project. (This article is the outcome from the research sponsored by NBCC to IIT (Delhi), titled ‘Identification, Evaluation and Strategic Management of Risks in Infrastructure Projects in India’ carried by Ratnesh Kumar, Research Scholar, Dept. of Civil Engineering under the guidance of Prof. K. C. Iyer, Dept. of Civil Engineering and Dr. S. P. Singh, Dept. of Management Studies.)

Findings of the study have guided the development of a Risk Mitigation Framework (RMF) at two levels: strategic level and operational or project level. At strategic level, mitigation approach is proposed, considering role of NBCC in the construction business. At project level, a framework is proposed for modus operandi of risk management system in a project. It is based on IS/ISO Risk Standards. www.nbccindia.com – 23


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Restoring

HISTORY

Impressive monuments in Delhi speak volumes of the grandeur of the bygone era, but Purana Quila narrates the history of the city like no other. Written by: Shillpi A Singh 24 – NBCC News

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he 16th century Purana Quila that stands majestically overlooking the busy Mathura Road in the capital captivates the passers-by with its massive gateways and walls. The rectangular shape structure has a circuit of nearly two kilometres. Today, the silhouette of the monument appears in the moat that is a major tourist attraction for its boating facility. The thick ramparts crowned by merlons have three gateways provided with bastions on either side. The walls, and the few structures within the Old Fort – a stepwell, a squat tower used as a librarycum-observatory, and a fine mosque – are


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LOOKING BACK IN TIME

Sh. Arun Jaitley, Hon'ble Union Finance Minister and Minister of Corporate Affairs, handing over the Letter of Intent for upgradation and maintenance of Purana Quila to Dr. A K Mittal, CMD, NBCC.

attributed to Humayun and his rival Sher Shah. Of its three double-storeyed gates built of red sandstone, only Humayun Darwaza and Bara Darwaza are open for entry. The entry through Talaqi Darwaza was prohibited. The small museum at the gate of the Purana Quila houses many artefacts recording the beginning and end of the glorious Mughal era. After Humayun’s rule, the Quila lay forgotten for many years till Delhi became the capital of colonial India in the early 19th Century. British architect Edwin Lutyens, who charted the plans for the administrative capital of New

Delhi, ensured that the Kingsway then and Rajpath now aligned with the Purana Quila. The Viceroy’s House (now the President’s residence) was built at an elevation so it would look upon the old fort and establish a symbolic connection. The fort was a living part of the city until 1914. After the partition of India in 1947, the Quila sheltered thousands who were fleeing Delhi, as well as those who had moved there. From then on, the Quila has stood in a landscaped stupor. Today, the main attraction here is the spectacular sound and light show held every evening. In March 2017, a project on ‘Conservation, Development & Maintenance of Purana Quila’ was signed among Archaeological Survey of India (ASI), National Culture Fund (NCF) and NBCC (India) Limited under NBCC’s CSR initiative. The main aim of MoU is the conservation, restoration, development of the monument precinct, upkeep of monument and museum, development to ensure better presentation and conservation of the monument and construction of various tourists related amenities and highlight the history, heritage value of the monument and its surrounding along with its context. Under this agreement, NBCC (India) Limited will support the project and will provide funds of up to `14.35 crore for the next five years in stages starting from FY 2016-17. The Phase 1 of the project will include conservation, restoration and horticulture & development works, Phase 2 will take care of upgradation and extension of museum and parking and excavation and display will mark the last Phase. (The author is a freelance writer.)

The Quila-I-Kuhna Masjid was built by Sher Shar after he defeated Humayun in 1541, while the Sher Mandal was created for entertainment purposes. It was turned into a librarycum-observatory from where the Mughal ruler fell to his death in 1556.

The fort is said to be constructed on the hallowed site of Indraprastha, the capital city established by the Pandavas and tells the story that sits in the shimmering realm between myth and history.

The construction of the fort was started by the Mughal emperor, Humayun, in the mid 16th century and it was then called Dinpanah or the ‘refuge of the faithful’.

www.nbccindia.com – 25


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Written by: S.K. Nangia

Growth in IT Application Services

AGM, IT, NBCC

Move Towards Digital NBCC

With the aim of Digital NBCC, the Management envisaged the concept of 'Paper Less Office' towards creating employees friendly environment. NBCC took initiatives and implemented various IT activities in the organisation to make more efficient, seamless, transparent work environment, and to take a leap towards DIGITAL NBCC. Corporate IT division is providing IT services to the corporation on PAN India basis. Employee Resource Planning (ERP) – ERP software suites are built to collect and organise data from various levels of an organisation and connect business activities across departments. • Finance/Accounts • Fund • HRM • Projects • Pay • MIS reports • Other Reports • Employee Sewa

NBCC Cloud Service – NBCC cloud has some major windows: • IT Services • Communication Media • New Construction  • Social Media Technologies

26 – NBCC News

Electronic Correspondence (eMail) – All the employees have been provided with official mail-id for faster and paperless communication, with new domain, i.e., @nbccindia.com. Recently, Emails have been implemented in all the departments of corporate office as well as RBGs/SBGs offices, details are as under:-

IMPLEMENTATION AREAS

NO. OF EMAILS

A & B (include JE’s)

975

HO & PAN India

110

Eoffice- Created new emails and linked with eOffice

As per the requirement

Total

1215 (approx)

Document Management System (DMS) – It is a system used to track, manage and store digital documents, simultaneously it reduces use of papers. NBCC (India) Limited has also received the GOVERNANCE NOW INDIA PSU IT AWARD for using the Digitization technology in the organisation.

Vendor Portal – NBCC is committed to fair, open and competitive procurement. It is committed to achieve compliance with all applicable securities laws and regulations. It has two sub-portals: (a) Vendor Grievance System, (b) e-Billing http://web.nbccho.com/VendorGrievanceSystem/


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Communication Activities – IT division is giving technical support to CC/PMG division for updating & exchanging the NBCC working services such as Awards, Ceremonies, New Contracts and Mann Ki Baat of CMD through social sites.

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Recently IT division has implemented various IT activities (In House) in ERP to encourage paperless office Finance

HRM

• eBilling

Other IT supporting jobs on day-to -day basis: Providing the technical support PAN India basis through IT help desk from HO for proper implementation of new Upgradation in ERP &other application/software’s. Providing technical support to NSL for implementation of ERP (application & infrastructure). Creation/maintenance of email account on PAN India basis. Also, IMAP port is open on the request of individual. Creation of new account in ERP, DMS, eOffice, etc., for new joining. Coordination with various departments for scanning of old records and uploading the same in DMS application and providing access to users of various departments. eOffice – IT Division has implemented eOffice to make the official communication time bound, easy tracking and faster, which is being procured from National Informatics Centre (NIC). Adopting eOffice has resulted in number of benefits like bringing more transparency in the system, improved efficiency in working, easy searching & retrieving of files/data, alerts on urgent files. Trainings in various divisions were held in NIC and in-house.

Fiscal Matters

• HRM authorisation

• eBudget

• eProbation Confirmation

• eCost Centre

• HRM manpower planning

• eMIS for finance

• Integration of Aadhar ID

• eDebtor & Creditor Ageing

• Probation report clearance

• EPF eStatement

•D  isplay of Employees perk details

• CPF loan application

• CTC module

•A  nnual Property Return – Achieved 100% (2016-17 & 2017-18)

• Over head booking – Projects/

• Improvisation in Leave Module

• GST implementation

Dept. wise

• Improvisation in Probation Confirmation

• Tax register as per GST • ERP authorisation with all years login in single password

PMG

• Salary allocation • IND-AS balance sheet

• Project Monitoring module

• Discounting module of retention money with client in ERP

BD

• eAudit & CAG Para • Employee Sewa

• Provision of MoU uploading

IT • Online booking of conference hall

• Expansion of eOffice to 500 users

• Employee Sewa-Link with CUG & Aadhar

• Creation of new users & support

• Online status of Temporary Advance to Employees • Daily Employee Attendance View

•T  ransfer/promotion of users and their eFiles •N  ominated 21 HR local admins for maintenance of eOffice

In the current scenario, IT is considered as the backbone of the company that helps in the smooth functioning of the company. All departments are integrated with the ERP/DMS/eOffice for internal process. This has helped our organisation earning a reputation of being a company that runs on cutting edge technology, simultaneously promoting our Honourable Prime Minister’s vision of Digital India.

www.nbccindia.com – 27


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EMPLOYEE DEVELOPMENT & TALENT MANAGEMENT THE INITIATIVES TAKEN BY HUMAN RESOURCE DEPARTMENT WELFARE Medical Subsequent to the expiry of existing Group Medical Insurance Policy on 30.11.2017, the same was extended for a period of one month, i.e., 01.12.2017 to 31.12.2017. Management has further decided that new medical insurance policy for the employees (both Regular & Retired) shall be taken on calendar basis separately. Employee-oriented new additional terms and conditions have been incorporated in New Medical Policy as part of employee welfare measure.

LEARNING & DEVELOPMENT ROLE MoU parameter assigned to Training section achieved and the following activities had taken place, i.e., (a) One Week Training Programme from a premium institute/Centre of Excellence to upgrade employee knowledge to a minimum 10% of the total strength of executives,( b) Organised 5-day training program on 'GST & Its Implementation' to executives of NBCC through ICAI in the month of October, 2017 in which 29 participants participated from PAN India leading to achievement of 140 man-days. As per MoU Target, 89 Executives were imparted One Week Training Program and thereby achieving 435 man-days during FY 2017-18.

Two in-house workshops were organised to observe National Entrepreneurship Day & Observing Communal Harmony Campaign in which 43 no of employees participated.

For employees who have parted ways on account of superannuation, Group Medical Insurance Policy for period 01.01.2018 to 31.12.2018 has been finalised.

HRM Division arranged one-day training program for senior executives of company on the subject 'Vigilance Matters, Service Conduct Rules, Discipline & Appeal Rules and other related matters' on December 22, 2017. The programme was attended by more than 30 officials from various disciplines and departments.

Group Medical Insurance Scheme for regular employees for the period 01.01.2018 to 31.12.2018 has been introduced. During the period,71 participants were nominated for 18 different training programs/workshops/seminars organised by various institutions to enhance employees skills in functional and behavioural areas and this led to achievement of 165 man-days.

INTERNAL TRAINING

MANPOWER PLANNING Manpower Requisition module for identification of surplus manpower/raising requirement of additional manpower has been developed in ERP. This application has led to complete digitisation of manpower requisition process which has ultimately led to paper saving, reduction in lag time and improvement in process

28 â&#x20AC;&#x201C; NBCC News

Various training programs in different fields are held in all the divisions of NBCC across India. The internal trainings keep employees abreast with new developments and technologies in different sectors.

POLICY Issue of circular about incorporation of New Policies and modifications in 'Human Resource Employee Manual' for the period from 01.04.2016 to 30.10.2017.

Issue of circular regarding payment of PLI for the year 2016-17 to the NonExecutive employees in IDA Pattern.


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RECRUITMENT Vide advertisement No. 06/2017, 94 posts were advertised in various disciplines at the level of S-2, E-1 to E-6. Out of the advertised posts, 09 executives were inducted through interview mode and 85 employees through written test/Skill test.

88 offer letters were issued to successful candidates.

Ten Management Trainees in Finance discipline were inducted through Campus interview conducted at the Institute of Cost Accountant of India Centers at New Delhi & Kolkata.

HRM Highlights

As a part of systematic improvement drive, process of consolidating employee master data and its verification is underway. ERP leave module with additional checks has been improvised in line with the leave rules of company

Fiscal Matters

PERFORMANCE MANAGEMENT SYSTEM Timely completion of APAR process for the year 2016-17 to carry out DPC activities within the defined time-frame.

Timely convening of Departmental Promotion Committee (DPC) for the year 2016-17 in defined timelines and issuing of promotion orders on October 01, 2017.

Two MOU Parameters assigned to PMS section, i.e., timely completion of online APAR process and timely convening of DPC activities were carried out as per the MoU parameter of HRM department.

In relation to study conducted by International Labor Organisation (ILO)-SCOPE on Role of Women in Leadership and Management in CPSEs, PMS section successfully organised Focused Group Discussion (FGDs) for employees of the Company.

Disbursement of Performance Related Pay (PRP) for the year 2016-17 to all Executives (Board and below Board Level) in IDA Pattern.

EMPLOYEES ORIENTED SERVICES Disbursement of Salary and arrears, w.e.f. 01-01- 2017 as Per 3rd PRC guidelines in accordance with the approval of Board and Administrative Ministry has been made to all eligible employees in IDA pay scale pattern.

Cheerio

Successfully arranged Key Informant interviews (KIIS) for ILO.

E-HRM Project on automated on-line submission and processing of surplus manpower & requirement of manpower completed - Earlier when any employee was getting surplus from any project or there was requirement of manpower for any project, then a hard copy letter was sent to the HO manpower planning division. Now this process is being made online through ERP. In this process, a consolidated list of all surplus employees could be downloaded from the system on real time basis. Manpower planning & succession planning – To ensure the right kind of manpower is being deployed to carry out the massive work order, we need to understand the total manpower requirement, their levels & the succession planning for the resources who would superannuate. eOffice – Transactions of letters are happening electronically through E-office in all sections thereby minimising the paper requirement & making the process easy to handle.

Project on proportionate salary booking of all resources of RBG/SBG/ Zones to their respective projects – Through this project, the manpower cost of each RBG/SBG/ZONE is being debited proportionately to ensure the profitability of each project. 100% paperless recruitment through online system - Starting from uploading the requirement, to submission of application by the candidates, appearing the test & declaration of result has been converted to paperless online system. Swachha Bharat action plans initiated at RBG/SBG/Zones/HO – To ensure our environment remains clean & green swachha Bharat initiative is being organised at HO and SBG/RBG/Offices. Series of initiatives are being scheduled for the whole year in which employees have taken swacchata oath and banners are being displayed at several locations to spread the awareness on cleanliness.

CMD monthly MIS analysis & HSCL monthly MIS analysis – Every month manpower analysis of NBCC & HSCL are being prepared & presented to CGM (HRM) for strategic action planning.

www.nbccindia.com – 29


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ASCENT

Hearty congratulation to the members of NBCC family on their promotion ED (ENGG.) TO SR.ED (ENGG.) S D SHARMA N P AGGARWAL CGM (ENGG.) TO ED (ENGG.) V K SHARMA YOGESH J P SHARMA R K AGGARWAL ALOK RASTOGI RAJESH BAHAL M C SHARMA GM (ENGG.) TO CGM (ENGG.) MOHD SALIM ANIL MALLA A K BANSAL B L RAVI SUNITA PURSWANI ANIL KASHYAP BHANWAR SINGH GM (ARCH.) TO CGM (ARCH.) ANNU GARG ADDL. GM (ENGG.) TO GM (ENGG.)

ARUN KUMAR

SUBHASIS SANTRA

ANIL KUMAR CHAUDHARY

BALMUKUND

H D NAGARAJ

L S VERMA

SPE (SYS) TO DM (SYS)

SATYENDRA KUMAR

R ADHYAPAK

AMANDEEP SINGH

TIRTHANKAR DEKA VIKAS CHOUDHARY

ASSTT. MANAGER (FIN.) TO DY. MANAGER (FIN.)

LALIT SINGH KHANKA

N K VERMA

PRADEEP KUMAR

HARISH SHARMA

BENDANGUNG SUNG

PAWAN KUMAR

DY. PROJECT MANAGER (ELECT) TO PROJECT MANAGER (ELECT)

KAVEESH GUPTA

MAHABIR SINGH

ANKUR SINGH

SHAILENDRA SHARMA

DEO TO EO

SHIV KUMAR VERMA

SMT. SEEMA KUMARI

DY. PROJECT MANAGER (MECH) TO PROJECT MANAGER (MECH.)

ASSTT. MANAGER (HRM) TO DY. MANAGER (HRM)

V RADHAKRISHNA

USHA ARORA (SMT.)

DY. MANAGER (STRUCTURE) TO MANAGER (STRUCTURE)

ANKUR GARG

BIDYUT ROY B R MODAK D C SHARMA AMIT JAIN RAKESH KUMAR ADNAN GILANI CHANDRA KANT AMBIA RAM DGM (FIN.) TO AGM (FIN.) RUCHI AGARWAL VINEET KUMAR GUPTA R K JAIN PM (C )/PM (ELEC)/PM (MECH) TO DGM (ENGG.) MOHD. TARIQ GAURAV RAVINDRA GAIKWAD GURCHARAN SINGH ASHOK KUMAR JAIN

A K SHOME

RAKESH ROSHAN

RAM PAUL

BRAJESH KUMAR

D P S TOMAR

ANURAG SINGHAL

J MATHIALAGAN

S B LANGDE

S V SANE

HARBHAJAN SINGH

K N SHARMA

S C MONDAL

R K SRIVASTAVA

S N DAS

R D SHARMA S D ARYA M R PRABHAKAR KASHMIRA SINGH ADDL. GM (ARCH.) TO GM (ARCH.) M S MEHRA ADDL. GM (C.S) TO GM (C.S)

P K SAHA V P MAURYA ATAR SINGH CHAHAR MANAGER (SYS.) TO DGM (SYS.) AVINASH SHISHIR MANAGER (HRM)/SEO TO DGM (HRM )

DEEPTI GAMBHIR

S K SHARMA

ADDL. GM (HRM) TO GM (HRM)

SHASHI RANJAN RAI

KUSHA GANESHIYA

RAVEESH KUMAR SETHI

DGM (ENGG.) TO AGM (ENGG.)

ANAND KUMAR

S K TRIPATHI

A K CHAWLA

D K HALDAR

SUNITA VERMA (SMT)

A K SARKER

MANAGER (RAJBHASHA) TO DGM (RAJBHASHA )

DEBASIS SARKAR

ANOJ KUMAR DUBEY DY. MANAGER (FIN.) TO MANAGER (FIN.) J S GUPTA M L KANOJIA JAIPAL SINGHLA PRAVEEN KUMAR JAIN

HASMUKH N RUPELA

KALLAKURI A SRIKANTH MEHAR CHAND HANS RAJ BHARDWAJ GEETANJALI PANDEY ASSTT. MANAGER (MAT.) TO DY. MANAGER (MAT. ) MOHKAM SINGH

DM (HRM) TO MANAGER (HRM)

ASSTT. MANAGER (LAW) TO DY. MANAGER (LAW)

S P BALUNI

VIKAS KUMAR

RAM LAL BALAI

JE (C) TO PE (C)

EO TO SR EO

SWETA SINGH

P K DAS

ANUPAM SAHA

DM (MKTG) TO MANAGER (MKTG)

ANKUR YADAV

SANJAY CHAUHAN DM (PR) TO MANAGER (PR) V GURUMURTHY SPE (CIVIL) TO DPM (CIVIL) SUBHASREE MISHRA LAISHRAM DIPAK SINGH V SRINIVASULU SANDEEP KUMAR KIRUBHARAJ .J

BIJOY KUMAR NATH RAHUL KARN CHANDAN KUMAR VERMA MAYANGLAMBAM AJIT SINGH NIRAJ KUMAR SUDHAKAR SADHAN KUMAR DEBASHIS SINGHA A JOTHI MURUGAN ABHISHEK KUMAR

DEVENDRA SINGH RAJPOOT

TUSHAR POMKUMAR KHAIRKAR

AAKASH KUMAR

NITIN KUMAR RINA GAHLAWAT PHOUGAT (SMT.)

V K BAHUGUNA

LAJWANTI WADHWA

KAMLESH SURYAWANSHI

M L SUMAN

SPE (ELECT) TO DPM (ELECT)

S S KAMTHANE

DY. PROJECT MANAGER (CIVIL) TO PROJECT MANAGER (CIVIL)

UPENDRA KUMAR

PARTH SINDOLIA

ANIL YADAV

DHRUV KUMAR

SHAILESH

ABDUL RAHEEM MOHD.

SHAIKH ATIK

30 â&#x20AC;&#x201C; NBCC News


Pen Down

HRM Highlights

Applause

DILIP KR. PASWAN ALOK KUMAR

PAVNESH RAJPUT

M V PATIL

Cheerio

Fiscal Matters

New members of NBCC family

VIJENDRA MEENA

AO TO ASST. MANAGER (FIN.)

DILEEP KUMAR GUPTA

JE (E) TO PE(E)

K G VARGHESE

DEEPAK KUMAR

AMIT KUMAR

EX. (HRM) TO AM (HRM)

BIBHUDUTTA BEHERA

AJAY SAINI

EMPLOYEES NAME (SMT/SHRI), DESIGNATION

MILIND KULSHRESTHA

ROBY THOMAS

JAI RAM, DM(F)

JA TO PE (NETWORKING)

SHEKHAR GANPATI MAHAJAN

ANYA AGARWAL (MISS), MT(F)

SMT. UMA SABHARWAL

VIVEK KASERA, MT(F)

RAMESH CHANDER BALODI

SAMARENDRA ROUT

DHARMENDRA KUMAR MEENA

PE TO SPE

RAKESH KUMAR

SATEYENDRA NARAYAN SINGH

EX. (SECTL) TO D.E.O

DAIPAYAN ROY

RAVI SAPRA

ASIM BARMAN

CIAO!

List of people who resigned and were superannuated

GARIMA OJHA(MISS), MT(F) PREKSHIT JAIN, MT(F) PARIKSHIT KHARKIA, MT(F) PIYUSH JAIN, MT(F) PEEYUSH YADAV, MT(F)

EMPLOYEES NAME (SMT/SHRI), DESIGNATION RAM BHOOL SINGH, M(FIN.) M K DUTTA, DGM(ENGG.)

NISHANT VERMA, MT(F) AMIT RAJAK, MT(F) KANCHAN(MISS), MT(F) AMIT KHANDELWAL, MT(F) PUNEET GUPTA, MT(F)

EMPLOYEES NAME (SMT/SHRI), DESIGNATION

RAJESH KUMAR, M(FIN.)

AMIT, MT(CIVIL)

PRASENJIT SINHA, MT(FIN.)

RAJESH KUMAR MEENA, JE(C)

SUPERANNUATION

RESIGNATION

P K MITTAL, ED(ENGG.) RAJVIR SINGH, DGM(ENGG.) A K SINHA, GM(ENGG.)

KAPIL SHARMA, EO R S DUA, SEO

SHUBHAM GUPTA, DPM(C)

KRISHAN AGGARWAL, DGM(FIN.)

NITISH KUMAR DONDIA, SPE(C) SUKHDEV SINGH, JE(C) PARASRAM MEENA, JE(C)

KRISHAN PAL, JE(C)

RANDHIR KUMAR, JE(C)

SANTOSH KUMAR, JE(E)

NANDAN KUMAR, JE(C)

ABHISHEK SINGH, JE(C)

HARISH KUMAR, AO

KAMAL KUMAR, JE(C)

AVINASH KUMAR CHOUDHARY, DPM(C)

DEEPESH DHAMECHA, MT(FIN.)

K L BHATIA, DM(FIN.)

MUKESH KUMAR JAGID, JE(C)

UJJWAL KUMAR, JE(C) MITHILESH KUMAR, JE(C)

BHANU KUMAR JAIN, JE(C)

SAURABH SINGH, JE(C)

SANTHAMMA THOMAS, E(HRM)

RAJESH KUMAR MEENA, JE(C)

SURAJ VISHWAKARMA, JE(C)

S C MONDAL, DGM(ENGG)

HARJINDER SINGH, JE(C)

T S RAJEEV, DM(FIN.)

GAURAV ARORA, M(FIN.)

RAKESH KUMAR MEENA, JE(C)

H C MANOCHA, DGM(HRM)

DIPAK DUTTA, DPM(C)

VINOD, MT(F)

S P YADAV, E(HRM)

PRASENJIT SINHA, MT(FIN.)

AMBIA RAM, AGM(ENGG.)

SUMIT SINGH, MT(CIVIL)

B C DHIMAN, AGM(ENGG.)

NISHANT K WANKHEDE, MT(FIN.)

RAJINDER SINGH, AM(MAT.)

AMIT, MT (CIVIL)

B S NEGI, DM(HRM)

YASHVARDHAN SINGH, DPM(C)

SWAPAN KUMAR DATTA, E(STORE)

HIMANSHU AGARWAL, JE(E)

JAIDEV SAHOO, M(FIN.)

J MATHIALAGAN, GM(ENGG.)

CONST.SUPERVISO R

S. RESHI(MISS), MT(F) AMIT KUMAR SHAH, MT(F) JYOTI SHARMA (MISS), MT(F) SUMIT KUMAR SHAH, MT(F) ABHISHU AGRAWAL, MT(F)

HARISH JAKHAR, MT (CIVIL)

NAGENDER PANDIT (MASONARY)-III

DILEEP SINGH MEENA, JE(C)

NEELAM SONI (MISS), MT(F) VINOD ARORA, MT(F) NEHA SHAW (MISS), MT(F) VIPIN KUMAR, MT(F) AJAY PANDAY, DM(LAW) NISHANT PANDIT, DM(LAW)

MEMBERS WE LOST THIS QUARTER UMESH KUMAR (PLUMBING)-III

BALRAM MEENA, JE(C)

CONST.SUPERVISO R

SARVESH KUMAR CHAUBEY NEETI SHARMA (SMT.)

www.nbccindia.com â&#x20AC;&#x201C; 31


Episode

The Talk

Pen Down

Exaltation

Fiscal Matters

NBCC Q3 PROFIT RISES BY 29.40% D E C E M B E R

NBCC (India) Ltd., the State-owned Navratna Enterprise under the Ministry of Housing and Urban Affairs, has registered 29.40% consolidated increase in PAT (Profit After Tax) at `73.98 crore for the Third Quarter ended December 2017, compared to `57.17 crore in the same quarter last year. The company has registered a consolidated growth of 29.05% in EBITDA of `75.52 crore in Q3FY17-18 as against an EBITDA of `58.52 crore in Q3FY16-17. The consolidated total income from the operations of the Company is `1511.51 crore. The Board of Directors in a meeting, held on February 13, 2018, approved the financial result of the company for

the quarter and nine month ended on December 31, 2017. The Board also approved splitting of company's equity share of face value of `2/- each into 2 (two) shares of face value `1/- each. The Board will also consider the payment of interim dividend in the Board Meeting scheduled to be held on March 08, 2018.

Dr Anoop Kumar Mittal, CMD, said “The Company’s strategic move of expanding beyond its traditional scope of businesses, identifying new revenue streams, entering new markets and securing high value projects, has reflected in this financial result.” “Going forward, the company is going to pursue a multipronged approach of carrying out a sustainable and profitable business model.” he added. Starting with a market capital of approximately `1,165 crore at the time of its listing with the Stock Exchange in April 2012, NBCC’s market cap now stands at `19,454 crore as on February 12, 2018.

Statement of Unaudited Consolidated Financial Results for the Quarter ended on December 31, 2017 Segment Revenue

Segment Result

19,565.80

1,697.90

188.13 143.89 PMC

PMC

Real Estate

Real Estate

EPC

Figures in Lakhs

32 – NBCC News

130,224.24

EPC

Figures in Lakhs

13,502.82


Regd. No. RN 26792/76

NATIONAL BUILDINGS CONSTRUCTION CORPORATION LIMITED (A Government of India Enterprise) NBCC Bhawan, Lodhi Road, New Delhi - 110 003, India E-Mail: innovation@nbccindia.com, Website: www.nbccindia.com

NBCC News October-December 2018  
NBCC News October-December 2018  
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