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Urban Development Ministry
State-owned NBCC Ltd is targeting to reach Rs 1 lakh crore of consolidated order book by March next year from the current Rs 84,400 crore as the company looks to expand business across India. NBCC (India) Ltd is into Project Management Consultancy (PMC), Engineering, Procurement and Construction (EPC) and real estate businesses. "NBCC has an order book of around Rs 84,000 crore. We are targeting to take Rs 1 lakh crore at the end of this financial year," NBCC Chairman and Managing Director (CMD) K P Mahadevaswamy told investors. According to a transcript of discussion with investors, he said the total order book at a consolidated level is Rs 84,400 crore, of which NBCC's share is about Rs 70,400 crore. The remaining is order book of its subsidiaries. The order book of HSCL stood at Rs 8,093 crore, HSCL Rs 5,915 crore, and NSL Rs 200 crore. Of the total order book, Mahadevaswamy said the PMC/EPC contributes around 55 per cent and 45 per cent in redevelopment. On execution timelin
The Assam cabinet has approved the state township policy for ensuring systematic and planned urban development in the state. The policy will regulate and guide the growth of urban areas in an organised manner, thereby cutting down exploitation of resources, Health and Family Welfare Minister Keshab Mahanta said at a media briefing after the cabinet meeting on Thursday. The council of ministers gave its nod to the notification of the Assam State Township Policy, 2023 for "implementation across the state for ensuring systematic and planned urban development", he said. The policy will ensure that essential services such as roads, healthcare facilities and others are adequately planned and implemented through private capital investment. It will also address the need for affordable housing within the townships with provisions for regulation and incentivisation of such projects, he said. The cabinet also green-lighted the draft Guwahati Central Area Local Area Plan (LAP) within the ...