Minister urges NBCC to equip itself to maximise its opportunities by building the appropriate capacities, and bidding and winning contracts on its own merits.
The strategy for the future must be to prioritise sustainable and energy-efficient infrastructure to advance the pace of development. Socially and environmentally responsible development is a core tenet of the honourable Prime Minister Shri Narendra Modi’s vision, said Shri Hardeep S. Puri, Minister of Housing & Urban Affairs and Minister of Petroleum & Natural Gas, at the 63rd Foundation Day of NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing & Urban Affairs (MoHUA). Commending the NBCC for developing projects based on sustainable technologies and green building norms to reduce its overall carbon footprint, the Minister said that looking forward to the honourable Prime Minister’s vision of India @ 100 in this Amrit Kaal of India’s development, it is imperative that organisations such as the NBCC adopt the latest construction standards to create sustainable and inclusive infrastructure.

During the event, the Minister applauded the engagement of NBCC in several important infrastructure projects, be it the development of Delhi’s first “World Trade Centre” or the redevelopment of the iconic Pragati Maidan into a world-class ‘Exhibition-Convention Centre.” He further said that NBCC has also made a name for itself as a trusted partner of the government to resolve difficult projects such as the stalled Amrapali project in Noida.

NBCC has already completed 3500 units and is on track to deliver all the flats by 2024, according to the minister.
The Minister noted that NBCC is increasing its footprint in foreign markets and exploring business in various countries such as Saudi Arabia, Malaysia, and the Seychelles. He lauded the company for the quality of development, ingenuity of design, and timely delivery of its recent international projects, such as the Indian Pavilion at Expo 2020 Dubai, the Institute of Security and Law Enforcement Studies at Addu City, Maldives, the Supreme Court building in Mauritius; and the Mahatma Gandhi Convention Center in Niger. He expressed confidence that its current portfolio of overseas projects in the Maldives, Mauritius, and Seychelles will also be equally well received.

Having laid the foundations for broad-based growth through a series of measures such as financial inclusion of the poor, formalisation of a large percentage of the workforce, and leveraging the JAM architecture to ensure direct benefits, the government has ensured that India is all set for a high-growth spurt. In this background, the minister said that there will be massive investments in the construction sector. He urged the NBCC to equip itself to maximise its opportunities by building the appropriate capacities and bidding for and winning contracts on its own merits.