PART-I

COMPANY PROFILE

HISTORY YEAR OF INCORPORATION

NBCC was incorporated as a Public Limited Company in November, 1960, as a wholly owned Government o !ndia "nterprise under the ae#is o the $inistry o %rban &evelopment' Be#innin# with a turnover o !N( )*,000, the Corporation, over the years, achieved many milestones in its operation and has posted a turnover o !N( *0*) crore as at $arch +1, *010 ran,in# itsel as the number one P-% construction company o the country'

AN ISO COMPANY
NBCC has obtained !-. 9001 Certi ication or its Pro/ect $ana#ement and Consultancy &ivisions' 0he Corporate $ission inter alia enshrines buildin# a hi#h de#ree o customer satis action and providin# services con ormin# to !-. 90011 *000 series'

AUTHORISED CAPITAL
0he authori2ed and paid3up share capital o the Corporation stand at (s'1*0 crore'

PERFORMANCE RECOGNITION
$inistry o %rban &evelopment and Bureau o Public "nterprises o the Government o !ndia have ran,ed NBCC as "4cellent Corporation durin# the year *00+305, *00530) and *00)306 as the Corporation achieved all the tar#ets set in the $o% with the Government' Because o its such outstandin# per ormance, Government o !ndia awarded the 0op 0en P-% 6wards or the inancial years *007309 8 *009310 and -C.P" 0urnaround 6ward *010311 to NBCC which were presented by &r' $anmohan -in#h, the 9on:ble Prime $inister o !ndia on $arch 7, *011' 0he Corporation has also been receivin# 6ppreciation Letters rom all its client or#ani2ations, 2

$inistries, -tate Governments and Government &epartments or its delivery o pro/ects on time with ;uality and economy'

NBCC has also been selected for TOP TEN PSU A ard ! SCOPE E"cellence A ard #Med$%& PSE Cate'or() for the (ear *+,+-,,AREAS OF OPERATION
NBCC is touchin# upon the lives o people all around the #lobe with its activities in the ields o <ater and "nvironment $ana#ement, "arth;ua,e (esistant Buildin# 0echnolo#y 8 (etro ittin#, &isaster $ana#ement, Pro/ect $ana#ement 8 Consultancy, !n rastructure Pro/ects, !nstitutional, 9ousin# and !ndustrial Pro/ects, (eal "state <or,s, Power Pro/ects, (CC Chimneys 8 Coolin# 0owers, Brid#es, 6irports, (ailway Pro/ects includin# %nder#round 8 "levated $etro3trac,s and -tations, Post Completion $aintenance <or,s, 0ransmission lines, $arine -tructures, Border =encin# /obs, P$G-> wor,s, ?NN%($ Pro/ects'

0o maintain its competitive ed#e in the mar,et, NBCC is always obsessed to ma,e value addition to its areas o operation' %se o new technolo#y such as %p low 6naerobic -lud#e Blan,et @%6-BA technolo#y in implementation o "nvironmental "n#ineerin# plants, -lip3 orm 0echnolo#y or e4ecution o Coolin# 0owers 8 0all -tac,s, 0renchless 0echnolo#y in implementation o under#round utility services etc' are some si#ni icant en#ineerin# initiatives o NBCC that have made it a leader in the industry'

COMPUTERISED PROJECT MONITORING

0he Pro/ect $onitorin# o all the pro/ects o NBCC is done by Plannin# and Pro#rammin# with computeri2ed networ, based -ystem' 0he so twares li,e $- Pro/ect, primavera, sure trac, tools or pro/ect monitorin# are e4tensively used, ,eepin# in view, the speci ic re;uirements o the pro/ect'

CONSULTANCY & PROJECT MANAGEMENT SERVICES

NBCC has its own in3house Consultancy &ivision sta ed with hi#hly ;uali ied and e4perienced 6rchitects, "n#ineers and -tructural 8 -ervice -pecialists' Consultancy <in# is providin# desi#n and en#ineerin# support to the NBCC:s pro/ects and is also en#a#ed by other outside a#encies to provide them speciali2ed services'

Beepin# in view its vast e4perience and stren#th in "n#ineerin#, Consultancy and "4ecution o wor,s, NBCC entered the lar#e mar,et o Pro/ect $ana#ement Consultancy @P$CA /obs' P$C pro/ects include preparation o estimates, CP(C&P(, approvals rom various authorities etc' i'e' e4ecution o wor,s rom concept to commissionin# on turn,ey basis' &ue to its mar,et reputation or deliverin# pro/ects in time with ;uality construction, NBCC has become a ma/or player in P$C mar,et'

REAL ESTATE
(eal "state is one o the ma/or areas o Corporation' "nterin# the sector in 197), NBCC has e4ecuted a number o Commercial (eal "state Pro/ects at various ma/or towns o the country vi2 &elhi, Bol,ata, Dadodara, Cuttac,, 0ripura, 6hmedabad etc' 0o provide ;uality housin# to Govt' and Public -ector "mployees and also to the #eneral public, the Corporation has, o late, started its venture into (esidential (eal -ector and has launched its irst (esidential (eal "state Pro/ect E NBCC D!BG>.( 0.<"(-E in Bol,ata' 6 ew more me#a 9ousin# Pro/ects are also to be launched in near uture'

0o meet the re;uirement o General Pool (esidential 6ccommodation @GP(6A and General Pool o ice 6ccommodation @GP.6A, the $inistry o %rban &evelopment @$o%&A o the Govt' o !ndia is e4plorin# the possibility o densi ication o the e4istin# GP.6CGP(6 throu#h (e3development -chemes' <hile one scheme at Neta/i Na#ar is under construction and one scheme at "ast Bidwai Na#ar in the Capital has already been entrusted to the Corporation by the $o%&' !n addition, pro/ects such as (e3development o !N6 $ar,et and -aro/ani Na#ar 6reas are also under active consideration o the Government throu#h NBCC' NBCC has also ventured into buyin# potential plots, throu#h participation in open auction as well as purchase rom Central Govt'C P-% and -tate P-%s' .ne plot measurin# 7)9F s;m at .,hla @Phase3!A, New &elhi was bou#ht by NBCC throu#h auction or (s'
4

1+)'+F crores and other plots measurin# +'171+ acres at Bochi or (s'1'10 crores rom CG"<9. and residential land measurin# 5'+F) acres at Bahadurpur, Patna or about (s'*1'17 crores rom Bihar -tate 9ousin# Board@B-9BA, Patna' Besides the above ventures, NBCC has ta,en some sincere ?D initiatives too, or associatin# itsel with the a#encies that are havin# land at prime locations in ma/or developin# cities Ctowns' 6 ew such pro/ects are li,ely to mature soon in Bol,ata, =aridabad, &elhi etc' !n one o its important drives, the Corporation has recently ormed ?D with National 0e4tile Limited at Gu/arat or development o their land at 6hmedabad into a modern comple4 called as !ndian 0e4tile Pla2a' =urther, it is also e4plorin# the possibility o ormin# ?D with leadin# #roups li,e !&PL, 66!, 9$0 8 9!L, who are havin# land at important cities and towns o the country and are ,een to develop these lands throu#h ?D system' <ith the liberalised Government policy on =&! in (eal "state -ector in the country, NBCC has ormed alliancesCsi#ned $o%s with some venture capital irms o %-6, $alaysia etc' and is aimin# to ta,e up $e#a (eal "state Pro/ects' NBCC is also plannin# to enter into 6utomated $ulti3level car par,in# @$LCPA pro/ects' Construction o 6utomated $ulti3level car par,in# on Built .perate 8 0rans er @B.0A basis at Pra#ati Dihar, 8 at CG. Comple4, New &elhi is at the plannin# sta#e' NBCC had invited "4pression o !nterest @".!A rom Govt'CP-% employees or sale o (esidential 6partments in Gur#aon, in $arch, *010 8 about *1,000 applicant e4pressed their con idence in NBCC' NBCC is plannin# to ormally launch :Gur#aon 6 ordable 9ousin# -cheme: shortly' 0he recently launched low cost residential scheme :NBCC 0own: at Bhe,hra, %P is #ettin# hu#e response rom the Govt'CP-% employees as well as #eneral public'

NBCC IN ENVIRONMENT FRIENDLY ACTIVITIES

NBCC is concerned about the increasin# environmental pollution and is, there ore, actively involved in combatin# environmental pollution by way o construction o -ewa#e 0reatment Plants and -olid <aste $ana#ement @-<$A Plants' -ewa#e 0reatment Plants at Beshopur @&elhiA, 6#ra, Gha2iabad@%PA, =aridabad @9aryanaA and -onepat @9aryanaA are already in 5

operation' 0he Corporation, also too, up implementation o -olid <aste $ana#ement @-<$A pro/ects in 10 di erent towns across the country and has already completed the pro/ects at -irsa 8 6mbala @9aryanaA, ?odhpur @(a/asthanA, &undi#al@6ndhra PradeshA, 6dampur @Pun/abA and Gwalior @$adhya PradeshA' -<$ Pro/ects at Pune@$aharashtraA, 0e/pur@6ssamA 8 Portblair @6ndaman 8 Nicobar !slandsA are under e4ecution' Besides, =ive <ater 0reatment Plants constructed by NBCC are also under operation at <a2irabad, 9aiderpur, Nan#loi, Go,ulpuri @all in &elhiA and Coimbatore @0amil NaduA' -<$ Pro/ects at -irsa and ?odhpur have since been completed' 0ripura,

0he -olid <aste $ana#ement -cheme has been desi#ned to ensure ma4imum reduction in emission o Green 9ouse Gases responsible or #lobal warmin# and also acilitate $unicipal Corporations to #et carbon credit bene it throu#h the Clean &evelopment $echanism @C&$A, a mechanism under the Byoto Protocol to enable cross3border tradin# in reduction o Green 9ouse Gas emissions' $ost o the $unicipal Corporations, where NBCC is associated as implementin# a#ency or e4ecutin# the -cheme, have authori2ed NBCC to ta,e carbon credit bene it rom the %nited Nations =ramewor, Convention on Climate Chan#e @%N=CC6A on their behal and also entrusted the tas, o monitoring th !"h m #

OVERSEAS OPERATION
NBCC entered orei#n mar,et in the year 19FF' 9avin# its sta,e in $auritius, Nepal, $aldives, Libya, !ra;, >emen, 0ur,ey and Botswana, the Corporation has success ully e4ecuted pro/ects o diverse nature li,e hotels, hospitals, dwellin# units, brid#es, lyovers, water 8 sewa#e treatment plants, airports, public buildin#s, roads, schools etc' in those countries' !n Botswana, the Corporation, throu#h a ?oint Denture Company by the name o $Cs ?amal NBCC !ntl' Pty Limited has re#istered itsel under Grade E"E @ or unlimited value o buildin# wor,sA with Public Procurement and 6ssets &isposal Board @PP6&BA and secured * hi#h value pro/ects o which one pro/ect o Construction o houses, par, entrance #ates, ablution bloc,s, roads, water 8 sewer reticulation, campin# sites etc' in the Central Balahari 8 Bhutse Game (eserve @CBBG(A valuin# %-G 5 million, has already been completed success ully' 6nother pro/ect o construction o rural police station and housin# at Bachi,au valuin# %-G 7 $illion is under pro#ress with scheduled completion in ?anuary *010' 0hus, in a short period o appro4imately 6 years, NBCC 6

has per ormed well in Botswana and its e orts have been applauded by the &epartment o Buildin# 8 "n#ineerin# -ervices @&B"-A, Government o Botswana'

NE$ HORI%ONS
NBCC has made a dent in speciali2ed areas by ac;uirin# /obs which re;uire hi#h and sophisticated technolo#y' 0he Corporation has also developed an inte#rated database or computeri2ed mana#ement in ormation system coverin# all the ma/or areas re;uirin# decision support' !0 based tools are bein# used or decision ma,in# in all acets o its operations' Computeri2ed $!- with better eedbac, is enablin# NBCC to e4ercise a stricter control on the e4ecution o the pro/ect ri#ht rom the sta#e o award till the completion'

By dint o its sustained e orts and initiatives, NBCC has made a remar,able turnaround particularly since *001 and has increased its pro it rom (s'*')) crore to (s'515'79 crore representin# a Compounded 6nnual Growth (ate @C6G(A o 10FH and !ncome rom (s'+1+'*9 crore to (s *0*5'79 crore respresentin# a C6G( o +0'))H as on +1'+'*010' 0o enhance its port olio in !ndian and abroad, NBCC is now committed to multiply its initiative in the ields o ?Ds with reputed !ndian and orei#n companies' &evlopment o (eal "state, Power 8 !n rastructure -ector etc' 0he Corporation has now s,etched out a road map to achieve its new milestone on !N( 5)00 crore turnover by the year *01*'

*-*OBJECTIVES OF NBCC
6s a Public -ector Company NBCC aims to achieve the ollowin# Corporate ob/ectives related to #overnance and leadership, service delivery, sta,eholder relationships, and corporate services and support' !mplementin# mana#ement practices that encoura#e value3added, innovative construction services delivery' "nsurin# the lon#3term viability o the Company throu#h prudent inancial mana#ement and the provision o e icient and e ective services' $ana#in# industry, or#ani2ational and contractual relationships in an ethical, air and pro essional manner' $aintainin# the le4ibility o structure, policies and systems necessary to accomplish the corporate mission in the ace o chan#in# circumstances and needs' Conductin# operations in a way that help protect and promote the natural environment' Buildin# brand awareness by associatin# us with our %-P' $aintainin# human resources mana#ement practices that advocate and advance the well3 bein# o employees, as well as their personal and pro essional development' 6dherin# to all statutory re;uirements and public policy re#ulations and #uidelines' Continuin# participation in the Governments initiatives or development o remote areas' 0o achieve the ollowin# inancial ob/ectives' 9i#her returns on invested capital

*-. BOARD OF DIRECTORS

Shr$ Ar%/ Ro( Cho%dh%r( is a Graduate in Civil "n#ineerin# and Post Graduate in $ana#ement and -ystems and has more than +0 years o e4perience in the construction industry servin# prominent private and public sector companies li,e (!0"-, !(C.N, &L= etc' be ore /oinin# NBCC' 9e has obtained his education rom presti#ious institutions li,e Birla !nstitute o 0echnolo#y 8 !ndian !nstitute o 0echnolo#y' (oy Choudhury too, over as C$&, NBCC at the a#e o 55 years in 6pril, *011 and became one o the youn#est Chie "4ecutives o a public sector underta,in#' ?ust within a span o our years a ter /oinin# the Corporation, he has re3established the lost ima#e o NBCC and under him the Company has #rown ten times and achieved several enviable milestones' %nder his Leadership, the Corporation has very recently been up#raded to the status o -chedule :6: Company by the Government o !ndia' 9e is also the Chairman o -C.P", an 6pe4 Body o all Public -ector Companies' Shr$ 0-P- 1as, is an "n#ineerin# Graduate rom %niversity o (oor,ee @Now !!0A and has /oined NBCC as &irector @Pro/ectsA on 6u#ust +0, *007' Be ore /oinin# NBCC -hri &as served NBCC, another Central P-% and success ully accomplished many important assi#nments in that or#ani2ation' Shr$ A2a( 3 4ar'5 1$rector #F$nance) since 6pril, *009, an $B6 with speciali2ation in =inancial $ana#ement rom =aculty o $ana#ement -tudies, %niversity o &elhi, brin#s with him more than +0 years o rich e4perience in the discipline and be ore /oinin# NBCC, served in G6!L @!ndiaA Limited as "4ecutive &irector @=inanceA' &urin# his tenure o *1 years in G6!L, he was mainly responsible or accountin# o ma/or pro/ect, pro/ect appraisal, Corporate inancial plannin#, Corporate =inancin#, Gas Pipe Line 8 LPG Pipeline 0ari etc' Prior to G6!L, he also held various mana#erial post@sA in
9

"n#ineerin# Pro/ects @!ndiaA Ltd', a Govt' o !ndia "nterprise, and served both at home and overseas or almost one decade' Presently, as a =inance &irector on the Board o NBCC, he is responsible or ormulatin# inancial strate#ies and plans to enable the company in achievin# its Dision o Levera#in# 0echnolo#y throu#h "(P initiatives to cover most o e3Governance mechanism' 6s (eal "state is becomin# a predominant choice se#ment, &irector @=inanceA has been assi#ned additional char#e to loo, a ter $ar,etin# o (eal "state Pro/ects' %nder -hri Gar#, the Corporation has presented absolutely clean Balance -heet without any remar, rom the C6G' Shr$ R-C- M$shra, !6-, is a $anipur30ripura Cadre Civil -ervice . icer o 19F7 Batch' 9e is presently servin# as 6ddl' -ecretary @%&A in the $inistry o %rban &evelopment, Govt' o !ndia' Prior to his /oinin# the %rban &evelopment $inistry, -hri $ishra has served the Government in various important capacities and his last assi#nment was in the $inistry o Culture and $inistry o !n ormation 8 Broadcastin#, Govt' o !ndia, as ?oint -ecretary' Ms- S%dha 3r$shnan is an !ndian 6udit 8 6ccount -ervice @!66-A . icer o 197+ and is presently ?oint -ecretary 8 =inancial 6dvisor in the $inistry o %rban &evelopment, Govt' o !ndia' $s' Brishnan has a rich and varied e4perience in the ield o 6udit 8 6ccounts' Be ore /oinin# the $inistry o %rban &evelopment, she has served the Government o !ndia in various important capacities and her last assi#nment was in the 6udit Board o the Government o !ndia as $ember, 6udit Board @!(A'

10

*-6 ORGANISATIONAL SET&UP

11

*-7 VISION AND MISSION VISION

6n e4clusively diversi ied and vertically inte#rated construction ma/or o National Pride and o Global (epute with a human ace and a showcase o absolute e4cellence' $edium term vision is become a (s' )000 crore company by *010'

MISSION
0o be a leadin# player in the Public -ector Construction "n#ineerin# and Consultancy -ervices, providin# e icient and ;uality e4ecution o pro/ects, buildin# a hi#h de#ree o Customer Con idence, providin# o services con irmin# to !-. 90011*000 series and &evelopment o 9uman (esources in tune with #lobalisation and economic re orms'

*-8 AN IS ' ISO ())* + ,))) CERTIFICATION

$Cs Bureau o !ndian -tandards has #ranted the license to National Buildin#s Construction Corporation Limited or Iuality $ana#ement -ystems Certi ication in accordance with !- C !-. 90011*000 or providin# Consultancy and construction services by Consultancy &ivision and Pro/ect $ana#ement Group' !nitially NBCC was certi ied or !- C !-. 900111995 or Iuality $ana#ement -ystem in $arch, 1999' !n &ecember, *00+ the license was up#raded rom !- C !-. 9001 1 1995 to !- C !-. 9001 1 *000 Iuality mana#ement -ystem' 0he license has been renewed valid upto $arch, *011' !n accordance with the !- C !-. 90011*000 Iuality $ana#ement -ystem we have developed Iuality system documents consistin# o ;uality manual and ;uality system procedures consistin# 51 nos' o procedures' .ur Iuality Policy provides a rame wor, or establishin# and reviewin# Iuality ob/ectives' Iuality policy is reviewed or continuin# suitability' Iuality policy o NBCC is as under 13
12

0o ,eep on upli tin# 8 maintainin# the ;uality standards in pro/ect mana#ement 8 en#ineerin# consultancy services in order to substain a hi#h level o customer satis action by comprehensively meetin# the stated needs o the customer 8 proactively attendin# to the implied ones' 0o retain the plat orm o leadership by deliverin# pro/ects in time 8 within cost without compromisin# on ;uality and become a truly dependable pro/ect leader or esteemed customers as also or the corporation' Bein# an !-. 90013*000 accredited or#anisation ma,in# ;uality an obsession and to carry a commitment to continually improve the e ectiveness o our ;uality mana#ement system'

*-9 AREAS OF OPERATION

=rom a very humble be#innin# with a turnover o (s' )*,000'00 in construction a ter its inception in the year 1960, NBCC has #radually started ma,in# orays into many diversi ied areas' 0oday, it is touchin# upon the lives o people with its operation in areas as under 13

!nstitutional, 9ousin# and !ndustrial -ectors (oads, Brid#es, 6irports 8 !n rastructure Pro/ects <ater 8 " luent 0reatment Plants Power Pro/ects, (CC Chimneys, 0D 0owers, Coolin# 0owers, "PC Contracts 0ransmission lines $arine -tructures 0renchless @No3di#A 0echnolo#y (eal "state Pro/ect $ana#ement 8 Consultancy Post Completion $aintenance -ervices "ner#y " icient, "nvironment =riendly, Green Buildin#s
13

*-: JOINT VENTURES

0o enhance its port olio in !ndia and abroad, the corporation is committed to urther enhance its initiatives in the ield o ?oint Dentures with reputed !ndian and =orei#n Companies'

Th Joint V nt-r & M mor.n/-m o0 Un/ r!t.n/ing .r +&

0o underta,e in rastructure pro/ects in Botswana,NBCC and $Cs ?amal 0radin#,a local
company o Botswana, have ormed a ?oint Denture @?DA Company by the name ?amal NBCC !nternational @ProprietaryA Ltd' 0he ?D is already e4ecutin# pro/ects in Botswana'

0o construct elevated viaduct on Panch,uian (oad Birti Na#ar in Bara,hamba (oad 3 &war,a -ection o &elhi $etro (ailway Pro/ect, NBCC ormed ?oint Denture Company with !?$, $alaysia 8 Dilayati (am $ittal o &elhi' 0he wor, has already been success ully completed and the Client, $Cs &elhi $etro (ail Corporation Ltd, has also appreciated the wor,'

0o underta,e 0ransmission Line wor,s, the Corporation has in,ed an $o% with %(6L "L"C0(.-060-0(.> o (ussia'

0o ta,e up Pro/ect $ana#ement 8 Consultancy wor,s in 0ur,ey, NBCC has si#ned a $o% with $Cs -% >6P!, a local company in 0ur,ey'

0o venture into N96! Pro/ects in !ndia, the Corporation si#ns a $o% with $Cs B.L!N !N-660 8 $Cs "B-"N P(.?" !N-60 0%( De 0!C' 6'-' o 0ur,ey with latter as the lead partner'

0he $o% si#ned with $Cs (6N9!LL B"(96& o $alaysia is a bid by NBCC to secure pro/ects in various sectors both in !ndia and abroad' 14

 0o underta,e ConstructionCConsultancy Pro/ects in Libya, NBCC has si#ned an $o% with $Cs 6006<6B!C =.( C.N0(6C0!NG 6N& ("6L -060" C.' Libya'

0o put its irm sta,e in securin# Ban#alore $etro Pro/ect Phase3! 8 &elhi $etro Pro/ect Phase3!!, NBCC has si#ned a $o% with $Cs &6"<.. "NGG' 8 C.'L0&, -eoul, Borea'

0o underta,e pro/ects o various natures in !ndia, China 8 third3world Countries, NBCC si#ned $o% with $Cs C9!N6 (6!L<6> -9!-!?% G(.%P C.(P.(60!.N o China'

$o% with $Cs -.0"=!N -6, -wit2erland, has been si#ned or $ulti 3 level Car Par,in# Pro/ects o $unicipal Corporation o &elhi'

=or Power pro/ects in Chattis#arh, the Corporation has si#ned an $o% with $Cs BP9 !N0"(N60!.N6L, C6N6&6' 0o secure and e4ecute selected pro/ects /ointly, in various ields o mutual interest in !ndia and abroad, NBCC has si#ned a $o% with $Cs <60"( 6N& P.<"( C.N-%L06NC> -"(D!C"- @!N&!6A L!$!0"&, &elhi'

0o urther consolidate its sta,e in the e4ecution o (eal "state Pro/ects, NBCC has si#ned $o% with three di erent .r#ani2ations namely, $Cs $B6 + "N0"(P(!-", %-6J $Cs C96(0"( D"N0%(" C6P!06L, %-6 and $Cs G6&6NG 9.L!&!NGB"(96(&, $alaysia' 0he Corporation is already in the process o carryin# out viability studies or some o the pro/ects which shall be implemented /ointly with these irms'

?oint Denture with National 0e4tile Limited at Gu/arat or development o their land at 6hmedabad into a modern comple4' 15

 ?oint Denture with leadin# #roups li,e !&PL, 66!, 9$0 8 9!L, who are havin# land at important cities and towns o the country and are ,een to develop these lands throu#h ?oint Denture system'

*-; MAJOR CLIENTS

NBCC:- sustained and credible per ormance in the areas o its operation over the years, has earned the or#ani2ation, some valuable clients' $a/or amon# them are1

Union Mini!tri !
$inistry o %rban &evelopment $inistry o 9ousin# and Poverty 6llevation $inistry o 9ome 6 airs $inistry o &e ence $inistry o (ural &evelopment $inistry o Commerce 8 !ndustry $inistry o Labour 8 "mployment $inistry o !n ormation and Broadcastin# $inistry o Petroleum 8 Natural Gas $inistry o Power

P-12i" S "tor Un/ rt.3ing!

National 0hermal Power Corporation Limited Bharat 9eavy "lectricals Limited .il and Natural Gas Corporation Limited &elhi $etro (ail Corporation Limited 16

Central Bureau o !nvesti#ation @CB!A

*-,+ CORPORATE GOVERNANCE ,- Com4.n56! Phi2o!o4h5 on Co/ o0 Go7 rn.n"

NBCC is committed to implement the best practices on Corporate Governance' NBCCs philosophy on Corporate Governance is thus based on transparency, disclosures and reportin# which con orms ully to laws, re#ulations and #uidelines' !ts ob/ective is to create value or the sta,eholders while bein# a responsible corporate citi2en'

*- Bo.r/ o0 Dir "tor!

0he company is mana#ed by the Board o &irectors which ormulates business strate#ies and policies' 0he a airs o the company are mana#ed by the Chairman3cum3$ana#in# &irector and unctional &irectors under the overall #uidance o the Board o &irectors' NBCC bein# a P-%, all &irectors are appointed by the President o !ndia'

&urin# the inancial year, the Board consisted o ) memberKs vi2' + unctional directors includin# the Chairman3cum3$ana#in# &irector besides * #overnment nominee directors' 0he matter relatin# to nomination o non3e4ecutive part3time independent directors to ill + vacancies on board is under consideration o the Government o !ndia' 0he meetin#s are bein# convened by #ivin# due notice a ter obtainin# the approval o the Chairman o the Board' &etailed a#enda to#ether with supportin# papers and documents is circulated in advance to acilitate decision ma,in# durin# the Board $eetin#s' Considerin# the ur#ency o the matter, sometimes the decision is also ta,en throu#h a resolution by circulation' &ele#ation o powers has been #iven to various unctionaries in the or#ani2ation' $atters which are not covered within the dele#ated powers o the Chie "4ecutive are re erred to the Board o &irectors' 0he Chairman3cum3$ana#in# &irector and =unctional &irectors meet the ,ey e4ecutives to review the per ormance o the Corporation every ;uarterly'
17

.- Sh.r ho2/ing 4.tt rn

NBCC is a closely held company and its shares are not listed on any stoc, e4chan#e' 0he entire paid up share capital o (s' 1*0 crore o the company is held by the President o !ndia and its nominees'

6- Di!"2o!-r !
0here has been no related party transaction o material nature with potential con lict o interest' 0he Company has ollowed the 6ccountin# -tandards issued by the !nstitute o Chartered 6ccountants o !ndia in the preparation o inancial statements' $ana#ement 3 6 $ana#ement &iscussion and 6nalysis outlinin# the business environment in which the Company operates, its Corporate Dision 3 *010 and business strate#ies and human resource has been included as part o the &irectors: (eport'

18

*-,, ACHIEVEMENTS OF NBCC

NBCC Pays its $aiden &ividend to Govt' o !ndia on **3073*010'

NBCC pays &ividend to Govt' o !ndia or the years *007 3 09 8 *009 3 10'

9on:ble Prime $inister o !ndia #ivin# away -cope "4cellence 6ward *00)306 and $.% "4cellence 6ward or *00530) o the Government o !ndia 8 *00)306 to NBCC on $arch 07, *00F'

NBCC i#ured in the top **) international construction companies o the world as per the survey report o L"n#ineerin# Ne s Record E, published rom New >or,'

$inistry o %rban &evelopment 8 Bureau o Public "nterprises, Government o !ndia, ran,ed NBCC as E "4cellent Corporation E rom *00F307 onwards as NBCC achieved all the tar#ets set in the $o% with the Government'

NBCC is a la# ship company in the construction o $ulti lue (CC Chimneys usin# -lip orm 0echnolo#y'

NBCC has established its e4pertise in construction o Coolin# 0owers' !t has, to its credit, the honour and the reputation o constructin# 6sia:s lar#est Coolin# 0ower at -imahdri @6ndhra PradeshA'

0he ma/or client, $Cs NBCC has awarded Safet( A ard to NBCC or construction o chimneys'

19

 0he Corporation ba##ed 0hird Best 9ousin# 6ward

rom !nstitution o

"n#ineers @!A, Belapur Chapter, or construction o housin# comple4 consistin# o 100) houses at -anpada or C!&C. in (ai#ad and 0hane (e#ion o $umbai'

0he Chie $inister o &elhi #ave away cash award to the "n#ineers o NBCC or completion o &elhi Government Pro/ect in a record time o si4 months' Governor o &u2ce Province,Government o 0ur,ey, awarded shield to NBCC in appreciation o its e4cellent per ormance in the $eer 9ousin# Pro/ect o 0ur,ey'

=or e4cellent per ormance in e4ecution o "arth;ua,e (ehabilitation Pro/ects in Gu/arat under Pr$&e M$n$sters Nat$onal Rel$ef F%nd #PMNRF) ! MPLA1S /ro'ra&&es, the Government o Gu/arat #ave away 6ppreciation (oll to the NBCC'

NBCC has been ad/ud#ed as the <Best P%bl$c Sector Un$t= and 6warded Buildin# !ndustry Leadership 6ward 3 *010 by B!B'

NBCC is now -chedule :6: Company'

20

MOU E8CELLENCE A$ARD

EMINENT ENGINEER A$ARD TO CMD

6rup (oy Choudhury, Chairman3cum3$ana#in# &irector o -tate3owned National Buildin#s Construction Corporation, has been con erred the E"minent "n#ineer 6wardE or the year *009 by the !nstitution o "n#ineers@!A Ltd'

9RD MOST PROFITABLE COMPANY A$ARD

NBCC Ba#s E$ost Pro itable CompanyE 6ward at the 6th Construction <orld 3 6nnual 6wards *010, $umbai

CSR A$ARD ,)):&);

21

NBCC <!N- -C.P" C-( 6<6(&1 -mt Pratibha &ebisin#h Patil, 9'"' President o !ndia, #ivin# away -C.P" $eritorious 6ward or C-( and (esponsiveness *007309 to -hri 6rup (oy Choudhury, C$&, NBCC' *-,* TECHNOLOGIES OF NBCC UASB TECHNOLOGY
0he up low anaerobic slud#e blan,et @%6-BA process is an anaerobic treatment system wherein the or#anic matter is di#ested, absorbed and metaboli2ed into bacterial cell mass and bio #as' 6naerobic di#estion is the de#radation o or#anic material without the aid o o4y#en' 0he %6-B process is a combination o physical and biolo#ical processes' 0he main eature o physical process is separation o solids and #ases rom the li;uid and that o biolo#ical process is de#radation o decomposable or#anic material under anaerobic conditions' !n the %6-B treatment concept, the treatment tan, consists o an up low reactor with eed inter distribution system at the bottom o the reactor with + phases #as, li;uid, solid,

-eparator @#lssA at the top' 0he waste water is evenly distributed over the reactor bottom throu#h eed inlet pipes and lows upwards throu#h a bed o anaerobic slud#e in the lower part o reactor called the di#estion compartment' &urin# passa#e throu#h the slud#e bed particulate matter is entrapped and the de#radable matter is completely or partially di#ested' &issolved or#anic matter is removed rom the solution by the anaerobic bacteria and converted into bio #as and a small raction into new bacterial bio
22

mass' 0he bio #as provides a #entle mi4in# in the slud#e bed' !n the upper part o the reactor, + phase #lass is installed' 0he bio #as produced is collected in a #as collector @#as holderA rom where it is withdrawn' 0he remainin# water slud#e mi4ture enters a settlin# compartment where the slud#e can settle and low bac, into the di#estion compartment' 6 ter settlin#, the water is collected in the e luent #utters and dischar#ed out o the reactor to the inal polishin# unit @=P%A to meet dischar#e standards' 0he domestic waste water treated in a %6-B reactor is suitable or dischar#e in river water or or irri#ation a ter polishin# in a hi#h rate pond' 0he bio #as #enerated can be utili2ed or #eneratin# Buildin#' -lud#e ca,es a ter de3waterin# and dryin# on slud#e dry beds is suitable or use as manure'

A/7.nt.g ! o0 UASB T "hno2og5

1' 0he cost o %6-B plant is si#ni icantly lower than that o aerobic plant *' 0his has a ne#li#ible number o electrical and mechanical components, thus re;uirin# low de#ree o maintenance and saves operational and maintenance cost' 0hus also eliminates possibilities o problem that may arise in case o bra,e down o hi#hly maintained intensive process' +' 0he ener#y re;uirement in the %6-B reactor is very low' 5' %6-B system #enerates ener#y in the orm o bio #as which can be used or the production o Buildin# and which can ma,e %6-B plants sel sustainin# or power re;uirement' )' 0his system reduces the space re;uirement, which is a bi# advanta#e or developin# cities' 6' 0he production o e4cess slud#e in a %6-B reactor is very low' 0his reduces the load on the slud#e treatment system' 9owever, the slud#e rom %6-B plant is very stabili2ed and can be used as manure' F' =inal polishin# pond can be used or ish culture, which can be source o revenue'

UASB P2.nt! B5 NBCC

NBCC is one o the premier or#ani2ation to e4ecute sewa#e treatment plant based on %6-B technolo#y' -ome o the pro/ects completed on %6-B technolo#y by NBCC are1 23

1' 5) mld sewa#e treatment plant at =aridabad, @ 9aryana A *' +0 mld sewa#e treatment plant at -onipat, @9aryanaA' +' Construction o F0 mld sewa#e treatment plant at Gha2iabad @%ttar PradeshA' 5' Construction o F7 mld sewa#e treatment plant at 6#ra @%ttar PradeshA' )' Construction o 19'+)mld sewa#e treatment plant at -himla @9imanchal PradeshA'

TRENCLESS TECHNOLOGY
NBCC is the pioneerin# .r#anisation o !ndia in the adoption o environment riendly 0renchless @No3&i#A 0echnolo#y or layin# o under#round utility services and the development o in rastructure acilities in the country' 0he technolo#y promoted by NBCC in !ndia, is a No3&i# techni;ue used to avoid conventional open3cut method in layin# under#round utility without disruptin# tra ic, e4istin# sur ace status' %se o this technolo#y also saves environment and social costs'

!n its e orts to promote and ull3 led#edly adopt trenchless technolo#y in construction, NBCC in association with the $inistry o %rban &evelopment too, lead in settin# up !ndian -ociety or 0renchless 0echnolo#y @ !N&-00A which had its o ice housed at the Corporate . ice o NBCC durin# its initial years o e4istence in late M90s' !t was also NBCC:s initiative to or#ani2e the irst National -eminar on 0renchless 0echnolo#y 3 EN. &!G !N&!6 97E at !!0 &elhi, under the banner o !N&-00 and in collaboration with the $inistry o %rban &evelopment @$o%& A, then named $inistry o %rban 6 airs 8 "mployment, 0echnolo#y &evelopment Board @0&BA, !nternational -ociety or 0renchless 0echnolo#y @%BA and other concerned a#encies' 0he event that aimed at disseminatin# in ormation and technical ,now3how was success ul in #eneratin# awareness amon# the users about the bene its o the advanced 0renchless 0echnolo#y over the conventional open3cut method' !n act, the -eminar has been able to usher in a new era in the ield o construction as we see it today that user departments o the country now, insist or use o this technolo#y in e4ecution o their pro/ects' 6s or NBCC, it is success ully usin# this technolo#y while e4ecutin# under#round utility services pro/ects such as layin# o optic iber cables, pipe lines, municipal utilities, electric cables etc' or its clients' 0o mention a ew, the Corporation has already e4ecuted
24

a number o wor,s o .=C layin#, 0run, -ewer and Pipe3line layin#, "lectric Cable layin# etc' or Buildin# Board, &elhiJ New &elhi $unicipal Council @N&$CAJ $0NL, &elhi, $umbaiJ &elhi ?al BoardJ B-NL,Ban#aloreJ (ailways, $umbai etc' by usin# this technolo#y with the application o its !mpact $olin#, 9ori2ontal &irectional &rillin#, 6u#ur Borin#, $icrotunnellin# etc' methods' 0he Corporation has also success ully trained its manpower in the use o this technolo#y'

SLIP' JUMPFORM SLIPFORM EQUIPMENTS

NBCC has been usin# -lip =orm e;uipments or construction o 0all 9i#h (ise (CC Chimneys since 1975' 0his technolo#y was introduced by replacin# the ?ump orm 0echni;ue o -hutterin# to acilitate e4peditious and sa er constructions besides providin# smoother inish' 0his techni;ue also ensured continuity while pourin# concrete and accident ree construction' By usin# the -lip orm e;uipment, the ollowin# important milestones have been achieved by NBCC while constructin# ** Nos- of RCC Ch$&ne(>s ! , No- RCC T0 To er?1' 0he 0allest 0D 0ower o *+) mtr hei#ht was constructed at Pitampura, New &elhi' *' 0he 0allest $ulti lue (CC Chimney o *FF')0$tr hei#ht was constructed or 0alchar -uper 0hermal Power Plant @.rissaA' +' (CC -hell o **0 mtr hei#ht Chimney or sta#e !! o (ayalasheema 0hermal Power Plant 6ndhra Pradesh was completed on 16'6'*007 in a record time o 1*0 days' 5' NBCC could carry construction o (CC Chimneys simultaneously or various Power Generatin# Government a#encies because o its e4pertised in the ield'

JUMPFORM E<UIPMENTS
0his system has been success ully used by NBCC to construct 9 nos o 0all (CC Natural &rau#ht Coolin# 0owers' 0he lar#est Natural &rau#ht Coolin# 0owers in 6sia havin# * nos o 16)mtr 9ei#ht o 60,000 cum per hour capacity each with sea water application were constructed by NBCC on turn,ey basis at -imadhri -uper 0hermal Power -tation @*4)00$<A 6ndhra Pradesh'

25

*-,. DIRECTOR=S REPORT

&urin# the year *0093*0010, the turnover o your Corporation increased rom (s'1969'99 crore to (s' *051'*0 crore representin# an increase o 5H and earned a Net Pro it be ore ta4 o (s' *+9'9) crore a ter providin# depreciation o (s'+'0F crore and interest o (s' +'** crore'

=!N6NC!6L ("-%L0- @(s' in croreA

INCOME T%rno@er &omestic .ther !ncome !ncreaseC@&ecreaseA in stoc, Prior Period !ncome Total #,) EAPEN1ITURE Prime Cost O@erheads iA -alary and wa#es iiA "43#ratia iiiA <rite o -undry &ebtors ivA .thers Total #*) 4ross Mar'$n #,-*) Less 1 &epreciation Less1 !nterest Net Prof$t Before Ta" #PBT) Less 1 iA Provision or Current 0a4 iiA -hort all in provision or !ncome 0a4 in previous year iiiA Provision or =rin#e Bene it 0a4 ivA &e erred 0a4 @ 6ssetsACLiabilities Net Prof$t After Ta" #PAT) 3 =or the year New Business secured Balance wor, in hand *++;-*+,+ *051'*0 95'F5 @90'77A @0'F1A *+66-.7 1655'50 9*')7 0')0 1'6* )9'01 ,9;:-,, *68-*6 +'0F +'** *.;-;7 71'7+ 0'+) 0')+ @1'9*A *++:-*++; 1969'99 1*+')) @67')FA @0'07A *+*6-:; 15*1')9 F6'+) 0'70 55'1F 60'55 ,8+.-.7 6*,-76 +'09 +')6 6,6-:; 1+*'7F 33 0'+5 1'7)

,7;-,8 5F95'57 697)'6*

*F9'7+ *FF*'*0 5*+*'+5

26

DIVIDEND
>our directors have recommended dividend N *0H on Pro it a ter 0a4 bein# hi#her than paid up e;uity share capital as per #overnment directives, which wor,s out to (s' +F'*5 crore includin# &ividend 0a4 o (s')'51 crore' 0he dividend will be paid a ter approval by the shareholders at the 6nnual General $eetin#'

MOU PERFORMANCE
$.% or the year *009310 has been si#ned with the $inistry o %rban &evelopment on *F'+'*010 and ollowin# tar#ets have been laid down in the $.%1

27

Rs- $n Crore
0urnover 1 19)0'00 .rder Boo, 1 ++1*'00 Gross $ar#in1 1)0'00 Net Pro it1 9*'+5 &urin# the year *009310, your Corporation is li,ely to achieve :e4cellent: ratin# in ,eepin# with the trac, record since *00+305'

ORDER BOO>
.penin# balance o wor,load in hand was (s' 5*+*'+5 crore' &urin# the year, wor,s o (s' 5F95'57 crore were secured and wor,s o (s' *051'*0 crore were e4ecuted' <or,load in hand at the close o the inancial year ended +1'+'*010 was (s' 697)'6* crore'

VISION
.ur vision is to be a widely admired and pre erred construction services company'

MISSION
0o supply customers with practical, secure, innovative and cost3e icient construction products and services that meets their needs as well as providin# the necessary supportin# in rastructure'

0o act in a socially responsible way to contribute to national wealth, whilst upholdin# our responsibility or the environment and promotin# the well3bein# o our customers, employees, shareholders and other sta,eholders'

28

 0o achieve a premier position by developin# and adoptin# best practices and state3o 3the art technolo#y in construction services and related activities or #ainin# a competitive advanta#e' 0o deliver value to pro/ects throu#h cost and plannin# optimi2ation and e ective ris, mana#ement'

0o retain our status as the irst ran,ed company o the Government o !ndia in the ield o Contract and Construction -ervices'

ISO CERTIFICATION
!-. 9001 Certi ication has been awarded to your Corporation or its Pro/ect $ana#ement and Consultancy &ivisions' 0he Corporate $ission enshrines buildin# a hi#h de#ree o customer satis action and providin# services con ormin# to !-. 90011 *000 series' License or ;uality mana#ement system issued by the Bureau o !ndian -tandards is valid up to *9'+'*011'

CONSULTANCY DIVISION
Consultancy &ivision at the Corporate . ice, a separate pro it centre is e;uipped with latest so tware or dra tin# and desi#nin#' Consultancy &ivision diversi ied its activities into "nvironmental "n#ineerin# ield, desi#ned water supply scheme or the -tate o 0ripura and in rastructure pro/ects or the -tate o ?ammu 8 Bashmir and submitted &P( or pro/ects o over (s'F00 crores' Consultancy division has secured pro/ects or desi#nin# and e4ecution o interiors or Govt' o ices, consultancy /ob or desi#n o a #reen buildin# and desi#nin# o hospital or (ailways at ?abalpur' 0urnover achieved durin# the period under report is (s' +'61 crore @0ar#et (s' +'00 croreA' 0ar#et in terms o consultancy ee i4ed is (s' 5'00 crore and or P$C /obs is also i4ed at (s' 5'00 crore or the year *010311'

29

SAFETY MANAGEMENT
$ana#ement is ully committed to ensure sa e wor,in# conditions at all wor, sites' 6 ully led#ed and dedicated L-a ety $ana#ement CellO is operational at the Corporate . ice to spread the awareness o L-a etyO in all spheres o activity' 0he statutory re;uirement or ensurin# sa e wor,in# conditions at the construction sites is bein# propa#ated to all NBCC . icials' 6 team o o icers attended a Group 0rainin# Course in ?apan rom 15th 6u#ust *010 to 19th 6u#ust, *010 on :.ccupational -a ety $ana#ement in Construction !ndustry:'

TECHNOLOGY UPGRADATION
>our Corporation or success ul e4ecution o various construction pro/ects has adopted the ollowin# technolo#ies1 %p low 6naerobic -lud#e Blan,et 0echnolo#y or -ewa#e 0reatment Plant' -lip3 orm 8 -lidin# orm technolo#y or hi#h rise structures' !ncremental launchin# o #irder or brid#es and elevated trac,s' -e#mental construction o superstructure in brid#es' %se o hydraulic ri# or pilin#' %se o 0unnel =orm 0echnolo#y or mass housin#' 9ori2ontal slippin# or lar#e dia circular cast3in3situ pipes' 6doption o ready mi4 concrete or ma/or construction pro/ects'

MANAGEMENT DISCUSSION AND ANALYSIS

(eal "state continues to be a ma/or thrust area or increased volume o turnover and improvement in the pro itability' &evelopment o a ull led#ed "(P system is under implementation coverin# Corporate and Ponal activities with respect to various unctions vi2', =inance, 9(, Pro/ects, Business &evelopment, (eal "state, Consultancy and Contracts etc' %se o !0 systems will enable urther transparency, better #overnance and e ective control in the or#anisation' =ive >ears Corporate Plan has been drawn or the period *00F3*01*'

HUMAN RESOURCE DEVELOPMENT & TRAINING

30

9uman (esource &evelopment continued to be accorded hi#h priority with emphasis on improvin# s,ill, competence and ,nowled#e throu#h re#ular trainin# and pro essional development pro#rammes' 6 total o F67 trainin# man3days, coverin# 5+7 man3days under in3 house trainin# pro#rammes and ++0 man3days under e4ternal trainin# pro#rammes were achieved durin# the year' &urin# the year, 1*+ wor,shopsCseminarsC lectures and pro#rammes were conducted throu#h in3house and e4ternal a#encies on di erent sub/ects in which 6)6 o icials were trained'

MANPO$ER
0otal stren#th o re#ular employees o the Corporation as on +1'+'*011 stood at *+55' 0he cate#ory3wise position in respect o re#ular employees is as under1 4ROUP-A F67 @5F A 4ROUP-B 7+ @06A 4ROUP-C 1*F7 @**A 4ROUP-1 *1) @*6A TOTAL *+55 @101A

#The f$'%re $n bracBets $s $n res/ect of fe&ale e&/lo(ees)-

RESERVATION OF SCHEDULED CASTES AND SCHEDULED TRIBES' OTHER BAC>$ARD CLASSES AND PHYSICALLY CHALLANGED PERSONS

&irectives issued by the Government o !ndia rom time to time or illin# up o vacancies or -CC-0C.BCC"43servicemenCPhysically 9andicapped have been ollowed in the Corporation' Government instructions re#ardin# reservation, rela4ations, concessions 8 bene its as provided under Persons with &isabilities @";ual .pportunities, Protection o (i#hts 8 =ull ParticipationsA 6ct, 199) have been complied with' -tatistical in ormation in this re#ardin# is #iven below13 1' Cate#ory wise details o -CC-0 employees in the Corporation are as under13 4ro%/ 4eneral SC 31 C SC of ST C ST of Total Noof

e&/lo(e A B C 1@"4cludin# -weepersA 1 @-weepersA Total )9) 6+ 111+ 1)F 3 19*7 1)F 16 1)F 50 1+ +7+ *0'55H 19'*7H 1*'*7H 19'70H 100H 16'+5H 16 05 07 0) 3 ++ *'07H 5'7*H 0'6+H *'57H 3 1'51H es F67 7+ 1*F7 *0* 1+ *+55

VIGILANCE ACTIVITIES
0he Di#ilance &ivision at Corporate . ice is headed by Chie Di#ilance . icer, an o icer on deputation rom the Government o !ndia' Di#ilance &ivision underta,es in;uiry into transaction in which employee is suspected or alle#ed to have acted or an improper corrupt purpose or cause such an in;uiry or investi#ation to be made into any complaint o corruption, #ross ne#li#ence, misconduct, rec,lessness, lac, o inte#rity or other ,ind o malpractices or misdemeanors on one:s part' <ith an ultimate aim o eradicatin# corruption, a our pron#ed strate#y is ollowed, which has also been appropriately incorporated in the 6nnual 6ction Plan relatin# to anti3corruption measures vi2' @1A Preventive Di#ilance, @*A &etective Di#ilance 8 surveillance, @+A Punitive Di#ilance 8 @5A %se o !0 innovations to curb malpractices and ensure transparency' :Di#ilance 6wareness <ee,: was observed in the Corporation rom +'11'*007 to F'11'*007 and a souvenir containin# important circulars o the CDC, was brou#ht out by the Di#ilance &ivision'

PUBLIC RELATIONS
Public (elations &ivision made sustained e orts throu#h various means o communication to pro/ect the ima#e o the Corporation' 0here has been re#ular covera#e in both print and electronic media on various activities and achievements o the or#ani2ation' 9ouse ?ournals, Brochures, Boo,lets, "vent -peci ic =olders etc' or distribution amon#st Clients, Business 6ssociates were published' 6lso or#ani2ed a Press Con erence to brie the $edia about the achievements and 32

business thrusts in areas o (eal "state, particularly (esidential (eal "state and Power -ectors' 6 campai#n on upcomin# 6 ordable 9ousin# Denture was launched'

EVENTS AND OTHER ACTIVITIES

&urin# the year, ollowin# events and activities have been or#ani2ed13 PNB -ta 9ousin# Comple4, Luc,now, e4ecuted by NBCC 3 inau#urated by &r' B'C' Cha,roboirty, C$&, PNB on ?une 5, *010'

$P Bho/ @.penA %niversity, Bhopal inau#urated by -mt' Pratibha &evisin#h Patil, 9er "4cellency President o !ndia on ?une *9, *010'

0wo new -&= Bloc, @?8BA inau#urated by -hri (' Gopalan, !6-, 6ddl' -ecy', $inistry o Commerce, Govt' o !ndia on ?uly 5, *010 at N-"P, Noida'

Government &ental Colle#e Buildin# inau#urated by &r' (aman -in#h, 9onKble Chie $inister o Chattis#arh on 6u#ust 15, *010 at (aipur'

!nau#uration o a one day Con erence on Q"arth;ua,e (is, $ana#ement in 9ousin# ConstructionK by -hri -' ?aipal (eddy, 9onKble $inister or %rban &evelopment, Govt' o !ndia on 6u#ust *F, *010'

NBCC bestowed Q+rd $ost Pro itable Company o the Country 6wardK in .ctober *007 which was received by C$& on .ctober *5, *010 at the 6th 6nnual Construction <orld 6ward unction held in $umbai'

0ruc, 0erminus at 6i2awl inau#urated by -hri Poramthan#a, 9onKble Chie $inister o $i2oram'

33

=oundation -tone Laid by -C-hri Prem Chand Gupta, 9onKble %nion $inister or Corporate 6 airs, Govt' o !ndia and Bupinder -in#h 9ooda, 9onKble Chie $inister o 9aryana, or construction o !ndian !nstitute o Corporate 6 airs at $anesar @9aryanaA on November 10, *010'

PARTICULARS OF EMPLOYEES
Pursuant to the provision o -ection *1F @*6A o the Companies 6ct, 19)6, read with the Companies: @Particulars o "mployeesA (ules, 19F), as amended rom time to time, none o the employees o the Corporation was in receipt o remuneration o more than (s'*5 lacs per annum or (s'*,00,000C3 per month'

*-,6 CSR POLICY AND CSR ACTIVITIES CSR POLICY 0o conduct core business in a socially responsible way, complemented by investment in communities so as to produce an overall positive impact on the society' 0he investment shall include1 UndertaB$n' &ean$n'f%l soc$al elfare act$@$t$es a$&$n' at elfare of the soc$et( at lar'eProtect$n' and &a$nta$n$n' the en@$ron&ental balance $n areas ad2o$n$n' centres and off$ces across the co%ntr(1e@elo/$n' co%ntr(>s bacB ard and re&ote areas o/erat$onsRes/ond$n' to the call of the 4o@ern&ent of Ind$a and State 4o@ern&ents for rehab$l$tat$on orBs at /laces and for the /eo/le affected b( nat%ral cala&$t$esCSR ACTIVITIES h$le carr($n' o%t b%s$ness orB

34

NBCC, while carryin# out its operation, has always remained up ront in respondin# to cause o the society at lar#e meetin# many obli#ations, 6part rom inancially contributin# to initiatives o many NG.s and !nstitutions involved in upli tment and development o the poor, needy section o the society that run into la,hs o (upees annually, the Corporation has been actively en#a#in# itsel as a catalyst to the development o Country:s bac,ward and remote areas' !t also always responds to the call o the Government o !ndia and the -tate Governments or rehabilitation wor,s at various places and or the people a ected by natural calamities' 0he policy on Corporate -ocial (esponsibility has been incorporated by the Corporation in its ) 3 year Corporate Plan or the period *006 3 *00F to *010 3 *011' 6s per the said policy NBCC has shouldered the ollowin# social responsibilities 13 !' !!' !!!' !D' 0o wor, in remote areas where other construction a#encies shy away rom ta,in# up pro/ects or upli tment o socio economic status o the locals' (e 3 construction o in rastructure in areas devastated by natural calamities' !n rastructure pro/ects or bene it o the lar#er section o society in under developed areas' <or,s relatin# to National -ecurity' D' <ater -upply &istribution -ystem' Som o0 th CSR ."ti7iti ! -n/ rt.3 n 15 th Cor4or.tion .r .! -n/ r +& 1' Construction o schools, dispensaries, community centers etc' in the earth;ua,e a ected areas o Gu/arat and cyclone a ected areas in .rissa on no pro it basis' 0he value o construction done durin# last three years by NBCC is appro4imately (s'F0'00 Crores' NBCC has urther submitted a number o Pro/ect (eports to the Central Government or the pro/ects proposed to be underta,en by the Corporation or the (ehabilitation o 0sunami a ected people' *' Construction o Community Centre and shelters or providin# immediate relie to the people o ?ammu 8 Bashmir a ected by devastatin# earth;ua,e' +' &evelopment o (ural (oads in underdeveloped and remote areas under EP(6&96N $6N0(! G(6$ -6&6B >.?6N6E in Bihar 8 0ripura' 5' &evelopment o -lum and (ural (oads in North "astern -tates' )' Border =encin# in !ndo3Ban#ladesh Border 8 !ndo3Pa, Border areas' 6' Layin# o water supply heavy mains between $uradna#ar @%PA to -onia Dihar @&elhiA or supply o drin,in# water to "ast and -outh &elhi' F' Placement o *1 Nos' o Physically challen#ed personnel on the rolls o the 35

or#ani2ation' 7' Corporation is also maintainin# an e4clusive Pro/ect $ana#ement &ivision or liaison with concerned $inistries and the -tate Governments or monitorin# o the pro/ects' =urther, NBCC is also havin# a ull led#ed Di#ilance &ivision headed by C'D'.', 9indi Cell, Iuality Control Cell as a part o compliance to the re;uirement o a Government .r#anisation which are not maintained by any private .r#anisation' 0he Corporation is incurrin# e4penditure to the tune o (s'7'00 crores per annum towards such services' Res/ond$n' to $ts co&&$t&ent to ards Cor/orate Soc$al Res/ons$b$l$t( on %ndertaB$n' $nfrastr%ct%re de@elo/&ent orBs5 NBCC5 $n add$t$on5 has %ndertaBen the follo $n' /ro2ects $th losses or $th a &ea'er &ar'$n!' *F0 Cusec (aw <ater Pipeline rom $urad Na#ar to -onia Dihar, &elhi 3 or providin# drin,in# water to the citi2ens o &elhi, was completed by NBCC inspite o act that there was more than (s' *0 crore outstandin# payment with %P ?al Ni#am C &elhi ?al Board' 0he wor, was completed by investin# NBCC:s own money in order to provide drin,in# water to the citi2ens o &elhi' !!' !!!' NBCC has ta,en development wor,s in North "astern (e#ion at a mea#er mar#in while state a#encies are operatin# in the re#ion N *+H' NBCC is recruitin# &iploma holders rom North "astern -tates in a special drive to provide /ob opportunity to the local youths'

36

*-,7 HRD SCENARIO

0he Corporation believes in achievin# or#ani2ational e4cellence throu#h 9uman (esource to ul ill the or#ani2ational #oal' 0he Corporation has introduced a well de ined system or in order to identi y the trainin# needs o all employees at various levels to up#rade their s,ills and ,nowled#e' 0he in ormation re#ardin# trainin# needs is derived by conductin# : trainin# needs survey : amon# the employees' Based on the trainin# need analysis, in3house trainin# pro#rammes and also pro#rammes conducted by e4ternal a#encies are or#ani2ed periodically' 0o e4pand and widen the behavioural attributes o employees at the .perative levels, trainin# pro#rammes are or#ani2ed in collaboration with various e4ternal trainin# a#encies' HR Vi!ion !' 0o ormulate strate#ic plan to improve productivity and per ormance by developin# employees capabilities and potential or sustainin# competitive #rowth' !!' !!!' !D' 0o enhance the ,nowled#e o employees in their respective ields to enable them to ma,e better use o their e4pertise in achievin# or#ani2ational #oals' 0o au#ment the ;uality o li e o employees' Buildin# ;uality culture or achievin# or#ani2ational #oal by developin# pro essional attitude and approach'

Em42o5 ! D 7 2o4m nt C ntr

&evelopment Centre is located on the $ehrauli Gur#aon (oad near Ghitorni villa#e' !nitially set up to enable the $ana#ement to restructure its wor, orce by trainin# and re3trainin# members o the wor, orce in the alternative technical trades and multi3s,illin# the e4istin# members o the wor, orce, the "&C in course o time has #raduated itsel to provide trainin# to e4ternal a#encies also' 0he Centre has ull time ;uali ied and e4perienced instructors or most o the trades' !nstructors or the other trades are drawn rom the 9'( Pool o the Corporation as and when re;uired' 0he Centre is ully e;uipped or practical trainin# and also arran#es on the /ob trainin# or the trainees at its pro/ects in &elhi and outside' "mployees &evelopment Centre o ers ull time courses in the ollowin# trades1 1' Carpentry *' $asonry +' Plumbin# 5' !nternal <irin#, repair o domestic appliances and motor windin#' 37 )' 6uto "lectrician 6' Barbendin# F' <eldin#

38

*-,8 0I4ILANCE
0he Di#ilance &ivision o NBCC Limited is headed by the Chie Di#ilance . icer' 9e is assisted by Di#ilance . icers havin# 0echnical bac,#round and other Personnel 8 6dministrative sta at Corporate . ice'

Di#ilance &ivision underta,es in;uiry into transaction in which employee is suspected or alle#ed to have acted or an improper, corrupt purpose or causes' -uch an in;uiry or investi#ation to be made a#ainst any complaint o misconduct, rec,lessness, lac, o corruption, #ross ne#li#ence, mal3practices or inte#rity or other ,inds o

misdemeanors on his part' 0he &ivision tenders appropriate advice to the concerned disciplinary authorities in all such matters'
<ith an ultimate aim o eradicatin# corruption amon#st the employees o the Corporation, a our pron#ed strate#y, as under, is ollowed 13 @iA Preventive Di#ilance @iiA &etective Di#ilance 8 -urveillance @iiiA Punitive Di#ilance @ivA %se o !0 innovations to curb mal3practices !t is bein# insisted that transactions o the Corporation are made more and more transparent which will #o a lon# way in eradicatin# corruption' 0he provisions o (0! 6ct are to be adhered to in its spirit' . icers and employees are also encoura#ed to directly access the site o CDC or updatin# themselves re#ardin# vi#ilance matters'

*-,9 RULES AND REGULATIONS P.rti"-2.r! o0 th org.ni!.tion '0-n"tion! & /-ti !

39

1'0' National Buildin#s Construction Corporation Limited, a Public -ector "nterprise was incorporated under the Companies 6ct, 19)6 on the 1)th November, 1960' 0he Corporation is unctionin# under the ae#is o the $inistry o %rban &evelopment' 0he entire paid up capital o the Corporation is owned by the President o !ndia' 0he (e#istered . ice o the Corporation is situated at NBCC Bhawan, Lodhi (oad, New &elhi 3 110 00+'

1'1' 0he main ob/ectives o the Corporation are set out in the $emorandum and 6rticles o 6ssociation'

-ome o the important unctions and duties o the Corporation are as under1 1' " icient, economic and timely e4ecution o construction pro/ectsJ

*' "4ecution o

wor,s o

-pecialisedC9i3tech Pro/ects in environmental, in rastructure

development, power and communication sectors and real estate business'

+' !ntroducin# new methods and techni;ues in the ield o en#ineerin# and thereby reducin# the period o e4ecutionJ

5' 0o up#rade and ac;uire new construction technolo#iesJ

)' $otivatin# employees to achieve hi#her productivity throu#h inancial as well as non3 inancial incentives'

6' "4ecution o wor,s in di icult and remote areas sub/ect to commercial viabilityJ

F' Becomin# a model construction Company without e4ploitation o labourJ

1'* 0he or#anisation chart'

40

Po? r! .n/ /-ti ! o0 org.ni!.tion6! o00i" r! & m42o5 !

*'0 General Powers to do all such acts and thin#s, as the Corporation is authorised by its $emorandum 8 6rticles o 6ssociation are vested in the Board o &irectors o the Corporation'

*'1 6ccordin#ly, the Board o &irectors sub/ect to observance o the Companies 6ct, 19)6J the $emorandum 8 6rticles o 6ssociationJ relevant directives o the Central Government has authorised the Chairman3cum3$ana#in# &irector to e4ercise all powers e4cept those speci ically e4cluded'

*'* !n e4ercise o powers dele#ated by the Board o &irectors, the Chairman3cum3$ana#in# &irectors has urther sub3dele#ated powers to the sub3ordinate o icers in the Corporation vide circular dated F'6'*010 as amended rom time to time'

*'+ D-ti ! & R !4on!i1i2iti ! #A) Donal Eeads

6chieve turnover tar#et within the speci ied costCtime or delivery o determined pro it' =unction strictly as per the dele#ation o powersC inancial rules in the matter o award o wor, and purchase o articlesC#oods, machinesCe;uipments relatin# to wor,s and establishment' $aintain discipline and administrative e iciency in all the o ices in the Pone' Compliance o statutory provision in the area o ta4ClevyCcess and industrial law' $otivate and develop the subordinates at all levels o hierarchy' 0o procure wor,s in the Pone' 0o conduct technical inspection o the wor, o the units' Liaisonin# with clientC-tate Govt' and other bodies at appropriate levels' 41

0o ensure wor,in# in Pones as per &ele#ation o Powers issued by the Corporate . ice'

#B) Donal F$nance Inchar'e

.verall !nchar#e o =inance -ection o the Pone' 6ll inancial matterCdecisisions are re;uired to be ta,en with the concurrence o Ponal =inance !nchar#e' 0o observe unctionin# in Pones as per &ele#ation o Powers issued by the Corporate . ice'

#C) Un$t Inchar'e

(esponsible or e icient mana#ement o the unit' 0o or#anise site wor, e iciently and ensure timely completion o the wor,' (esponsible or overall per ormance o the unit which includes e4ecution o the wor, in accordance with the acceptable standards' (esponsible or 100H test chec, o each (6 bill' 0o ensure wor,in# in units as per &ele#ation o Powers issued by the Corporate . ice'

42

D "i!ion m.3ing 4ro" !!'"h.nn 2! o0 !-4 r7i!ion & .""o-nt.1i2it5

+'0 6ll policies, rules and re#ulations are ramed by the Board o &irectors o the Corporation' +'1 !mplementation o such policies, rules 8 re#ulations are made by various unctionaries in accordance with the &ele#ationC-ub3dele#ation o powers'

+'* 9owever, vide 6rticle 7*@+A o the 6rticles o 6ssociationJ the ollowin# matters have been reserved or the decision o the Central Government1

1
-ale, lease or disposal otherwise o whole or substantially the whole o the underta,in# o the company'

=ormation o a subsidiary company'

+'+ 0o re#ulate the business and decision ma,in# in the Corporation some o the important provisions are as ollows1

*
6ward o wor, is placed on the lowest tenderer inalised #enerally throu#h open tender or out o the pre3;uali ied a#encies' 6t times, the award o wor, is also done throu#h limited tenders considerin# the ur#ency its si#ni icance'

&ependin# upon the value o wor,s various 0-Cs have been ormed or procurement o wor,s, pre3tender tie3ups, award o wor,sCsupplies' Constitution o these 0-Cs -

Pro/ect wor, is actually e4ecuted by its -ite !nchar#e' 0here are a number o sites under a %nit !nchar#e who is responsible and accountable or mobilisation, pro#ress and timely completion o wor,s under his control' Per ormance o various %nit !nchar#es is vouched by the Ponal 9eads who in turn are placed under the overall control o their (e#ional Business Group 9eads @(BG 9eadsA' Per ormance o each o the (BG 9ead is reviewed on ;uarterly basis a#ainst the speci ied tar#ets by the Chairman3cum3$ana#in# &irector and =unctional &irectors at the Corporate . ice' 43

Norm! ! t 15 th org.ni@.tion 0or /i!"h.rg o0 it! 0-n"tion!

5' aA "very year, the Corporation e4ecutes a $emorandum o basis o which the per ormance o the Corporation is ad/ud#ed' bA 0he Corporation has ormulated a standardised :General 0erms and Conditions o the Contract: in award o wor,s' cA <or,s $anual has been brou#ht out to observe transparency in various aspects o e4ecution o pro/ects in time 8 ;uality adherance' dA 0he Corporation also ollows the CP<&C-tate Government laid down speci ications at pro/ect sites' %nderstandin# with its

6dministrative $inistry' !t lay down tar#ets a#ainst inancial and non3 inancial parameters on the

eA Corporation has devised a proper $!-'

)' R-2 !A r g-2.tion!A in!tr-"tion! & m.n-.2! Cor4or.tion

1 i' ii' iii' iv' v' vi' vii' viii' i4' 4' NBCC @(ecruitmentA (ules' NBCC @-ervice ConductA (ules' NBCC @&iscipline 8 6ppealA (ules' NBCC Contributory Provident =und (ules' NBCC Leave 8 Leave "ncashment (ules' NBCC L0C (ules' NBCC Promotion Policy' NBCC -tandin# .rders' NBCC $edical Bene it -cheme' NBCC 0ransport (ules' 44

t"# 0r.m / in th

4i' 4ii' 4iii' 4iv' 4v' 4vi' 4vii'

NBCC 06C&6 (ules' NBCC 9ousin# -ubsidy (ules' Company Lease 6ccommodation 3 instructions reJ =estival 6dvance =orei#n "4chan#e (ules' <or,s $anual 6ccounts $anual

7- In0orm.tion r g.r/ing ".t gori ! o0 /o"-m nt m.int.in / 15 th org.ni!.tion

Corporation has various divisionsCdepartment such as1 =inance, Personnel 8 6dministration, Consultancy and Pro/ect $ana#erment Group, Le#al and Contract "n#ineerin#, Business &evelopment, (eal "state, Di#ilance, Public (elations' -tatutory (e#isters, Boo,s o 6ccounts, (eturns and (eports are maintained by the respective departmentsCdivisions under various acts li,e Companies 6ct, 19)6, !ncome 0a4 and other 6cts'

R "or/! g n r.225 m.int.in / .t %on.2 O00i" !BS4 "im nC

.ri#inal copy o a#reement with contractor or e4ecution o pro/ects' Copy o (6 bills o each pro/ect e4ecuted under the Pone' $aintainin# all the records pertainin# to e4ecution o pro/ects' Correspondence with -tate Govt' and other departments' Correspondence with contractors and consultants' Correspondence with 9ead . iceC(BG 8 other NBCC o ices' Copy o Payment vouchers' -ubmission o wee,lyCmonthlyC ;uarterly $!- reports to Pro/ect $ana#ement Group as well as (BG . ices'

Dir "tor5 o0 o00i" r! .n/ m42o5 !

F' -eniority list in the or#anisation is available separately in respect o Group :68B: and Group :C8&: cate#ory o employees45

Month25 R m-n r.tion

7' Computerised monthly pay bill is #enerated in respect o each o the o icers and employees o the Corporation'

In0orm.tion .7.i2.12 'r /-" / in 2 "troni" 0orm in th org.ni!.tion

9' :General conditions o Contract: are available in electronic orm in the or#anisation'

46

P6(03* INTRO1UCTION

47

O0ER0IEF National Buildin#s Construction Corporation Limited @NBCCA was incorporated as a Public -ector %nderta,in# in November 1960'NBCC is a multinational en#ineerin# construction company under the ae#is o Government o !ndia' the $inistry o %rban &evelopment,

NBCC aims to cement its position as a leadin# company in the construction en#ineerin# and consultancy services, providin# e icient and ;uality e4ecution o pro/ects' !ts main line o business is e4ecution o civil "n#ineerin# Pro/ects, renderin# o Consultancy -ervices and &evelopment o (eal "state Pro/ects'

<ithin a ew years o its initiation, NBCC spread its activities all over !ndia in ul illment o its ob/ectives discussed below' NBCCKs 2onal centers in important centers li,e Calcutta, 9yderabad, Nasi,, $umbai, to name a ew, wor, today as pro it centers' NBCC today has the in rastructure to underta,e and e4ecute pro/ects in any corner o the country without di iculty' NBCC has also had many ruit ul alliances with orei#n companies and has operations in $auritius, Nepal and Libya'

NBCC has obtained an !-. 9001 Certi ication or its Pro/ect $ana#ement Consultancy &ivisions' 0he Corporate $ission inter alia enshrines buildin# a hi#h de#ree o customer satis action and providin# services con irmin# to !-. 90011*000 series'

NBCC is touchin# upon the lives o people all around the #lobe with its activities in the ields o <ater and "nvironment $ana#ement, "arth;ua,e (esistant Buildin#
48

0echnolo#y 8 (etro ittin#, &isaster $ana#ement, Pro/ect $ana#ement 8 Consultancy,

!n rastructure Pro/ects, !nstitutional, 9ousin# and !ndustrial Pro/ects, (eal "state <or,s, Power Pro/ects, (CC Chimneys 8 Coolin# 0owers, Brid#es, 6irports, (ailway Pro/ects includin# %nder#round 8 "levated $etro3trac,s and -tations, Post Completion $aintenance <or,s, 0ransmission lines, $arine -tructures, Border =encin# /obs, P$G-> wor,s, ?NN%($ Pro/ects'

6n e4clusively diversi ied and vertically inte#rated construction ma/or o National Pride and o Global (epute with a human ace and a showcase o absolute e4cellence' $edium term vision is become a (s' )000 crore company by *010' 0o be a leadin# player in the Public -ector Construction "n#ineerin# and Consultancy -ervices, providin# e icient and ;uality e4ecution o pro/ects, buildin# a hi#h de#ree o Customer Con idence, providin# o services con irmin# to !-. 90011*000 series and &evelopment o 9uman (esources in tune with #lobalisation and economic re orms' NBCC has si#ned the $emorandum o %nderstandin# @$o%A or the year *010311 with its 6dministrative $inistry o %rban &evelopment, Government o !ndia on 1)th $arch *010' 0he $o% has tar#eted an accelerated pace o #rowth or the Corporation' 0he tar#et or sales turnover o the Corporation or the year *010311 has been i4ed at (s'*700 crore' 0he order boo, tar#et has been i4ed at (s')700 crore with a #ross pro it o (s'167 crore' 0he company is mana#ed by the Board o &irectors which ormulates business strate#ies and policies' 0he a airs o the company are mana#ed by the Chairman3cum3$ana#in# &irector and unctional &irectors under the overall #uidance o the Board o &irectors' NBCC bein# a P-%, all &irectors are appointed by the President o !ndia' &urin# the inancial year, the Board consisted o ) members vi2' + unctional directors includin# the Chairman3cum3$ana#in# &irector besides * #overnment nominee

49

directors' 0he matter relatin# to nomination o non3e4ecutive part3time independent directors to ill + vacancies on board is under consideration o the Government o !ndia' 0he Corporation believes in achievin# or#ani2ational e4cellence throu#h 9uman (esource to ul ill the or#ani2ational #oal' 0he Corporation has introduced a well de ined system or in order to identi y the trainin# needs o all employees at various levels to up#rade their s,ills and ,nowled#e' 0he in ormation re#ardin# trainin# needs is derived by conductin# : trainin# needs survey : amon# the employees' Based on the trainin# need analysis, in3house trainin# pro#rammes and also pro#rammes conducted by e4ternal a#encies are or#ani2ed periodically' 0o e4pand and widen the behavioural attributes o employees at the .perative levels, trainin# pro#rammes are or#ani2ed in collaboration with various e4ternal trainin# a#encies' 0he Di#ilance &ivision o NBCC Limited is headed by the Chie Di#ilance . icer' 9e is assisted by Di#ilance . icers havin# 0echnical bac,#round and other Personnel 8 6dministrative sta at Corporate . ice'

50

C.NC"P0%6L =(6$"<.(B 0he ob/ective o the conceptual ramewor, is to develop an improved common conceptual ramewor, that provides a sound oundation or developin# uture accountin# standards' +'1 CORE CORPORATE 0ALUE 1' Pro3activeness *' (esponsiveness +' -peed, "conomy and Iuality 5' Trans/arenc( )' Customer -atis action 6' -ocial .bli#ations F' $utual (espect 8 0rust 7' .r#ani2ational 8 Pro essional Pride

$"$.(6N&.$ .= %N&"(-06N&!NG @$.%A *0103*011

NBCC 0ar#ets 6mbitious Growth NBCC has -i#ned the $emorandum o %nderstandin# @$o%A or the year *010311 with its 6dministrative $inistry o %rban &evelopment, Government o !ndia on 1)th $arch *010' 0he $o% has tar#eted an accelerated pace o #rowth or the Corporation' 0he tar#et or sales turnover o the Corporation or the year *010311 has been i4ed at
51

(s'*700 crore' 0he order boo, tar#et has been i4ed at (s')700 crore with a #ross pro it o (s'167 crore' 0he $o% inter alia, also includes some dynamic parameters in order to #ive a urther boost to the Corporation:s stride towards e4cellence' 0hese parameters are 13 "nhancement o customer satis action level' 9uman (esources &evelopment throu#h trainin# and retrainin# to suit corporate re;uirements' 6doption o improved 0echnolo#y in e4ecution o pro/ects' Launch o 6 ordable 9ousin# Pro/ect -chemes' "nvironment and -ustainable &evlopment Contribution' ( 8 & Contribution' "nhanced C-( 6ctivites' Public "nterprises

NBCC has been rated "RC"LL"N0 by the &epartment o or the three consecutive years' I%6L!0> P.L!C> o NBCC

consecutively or the last si4 years' &P" has awarded $o% "4cellence award to NBCC

0o ,eep on upli tin# 8 maintainin# the ;uality standards in pro/ect mana#ement 8 en#ineerin# consultancy services in order to sustain a hi#h level o customer satis action by comprehensively meetin# the stated needs o the customer 8 proactively attendin# to the implied ones'

52

0o retain the plat orm o leadership by deliverin# pro/ects in time 8 within cost without compromisin# on ;uality and become a truly dependable pro/ect leader or esteemed customers as also or the Corporation'

Bein# an !-. 90013*000 accredited or#anisation ma,in# ;uality an obsession and to carry a commitment to continually improve the e ectiveness o our ;uality mana#ement system'

NBCC is touchin# upon the lives o people all around the #lobe with its activities in the ields o <ater and "nvironment $ana#ement, "arth;ua,e (esistant Buildin# 0echnolo#y 8 (etro ittin#, &isaster $ana#ement, Pro/ect $ana#ement 8 Consultancy, !n rastructure Pro/ects, !nstitutional, 9ousin# and !ndustrial Pro/ects, (eal "state <or,s, Power Pro/ects, (CC Chimneys 8 Coolin# 0owers, Brid#es, 6irports, (ailway Pro/ects includin# %nder#round 8 "levated $etro3trac,s and -tations, Post Completion $aintenance <or,s, 0ransmission lines, $arine -tructures, Border =encin# /obs, P$G-> wor,s, ?NN%($ Pro/ects' 0o maintain its competitive ed#e in the mar,et, NBCC is always obsessed to ma,e value addition to its areas o operation' %se o new technolo#y such as %p low 6naerobic -lud#e Blan,et @%6-BA technolo#y in implementation o "nvironmental "n#ineerin# plants, -lip3 orm 0echnolo#y or e4ecution o Coolin# 0owers 8 0all -tac,s, 0renchless 0echnolo#y in implementation o under#round utility services etc' are some si#ni icant en#ineerin# initiatives o NBCC that have made it a leader in the industry' 0he up low anaerobic slud#e blan,et @%6-BA process is an anaerobic treatment system wherein the or#anic matter is di#ested, absorbed and metaboli2ed into bacterial cell mass and bio #as' 6naerobic di#estion is the de#radation o or#anic material without the aid o o4y#en'
53

0he %6-B process is a combination o physical and biolo#ical processes' 0he main eature o physical process is separation o solids and #ases rom the li;uid and that o biolo#ical process is de#radation o decomposable or#anic material under anaerobic conditions' !n the %6-B treatment concept, the treatment tan, consists o an up low reactor with eed inter distribution system at the bottom o the reactor with + phases #as, li;uid, solid, separator @#lssA at the top' 0he waste water is evenly distributed over the reactor bottom throu#h eed inlet pipes and lows upwards throu#h a bed o anaerobic slud#e in the lower part o reactor called the di#estion compartment' &urin# passa#e throu#h the slud#e bed particulate matter is entrapped and the de#radable matter is completely or partially di#ested' &issolved or#anic matter is removed rom the solution by the anaerobic bacteria and converted into bio #as and a small raction into new bacterial bio mass' 0he bio #as provides a #entle mi4in# in the slud#e bed' !n the upper part o the reactor, + phase #lass is installed'

NBCC is the pioneerin# .r#anisation o !ndia in the adoption o environment riendly 0renchless @No3&i#A 0echnolo#y or layin# o under#round utility services and the development o in rastructure acilities in the country' 0he technolo#y promoted by NBCC in !ndia, is a No3&i# techni;ue used to avoid conventional open3cut method in layin# under #round utility without disruptin# tra ic, e4istin# sur ace status' %se o this technolo#y also saves environment and social costs' 6s or NBCC, it is success ully usin# this technolo#y while e4ecutin# under#round utility services pro/ects such as layin# o optic iber cables, pipe lines, municipal utilities, electric cables etc' or its clients' NBCC has been usin# -lip =orm e;uipments or construction o 0all 9i#h (ise (CC Chimneys since 1975' 0his technolo#y was introduced by replacin# the ?ump orm 0echni;ue o -hutterin# to acilitate e4peditious and sa er constructions besides

54

providin# smoother inish' 0his techni;ue also ensured continuity while pourin# concrete and accident ree construction' 0his system has been success ully used by NBCC to construct 9 nos o 0all (CC Natural &rau#ht Coolin# 0owers' 0he lar#est Natural &rau#ht Coolin# 0owers in 6sia havin# * nos o 16)mtr 9ei#ht o 60,000 cum per hour capacity each with sea water application were constructed by NBCC on turn,ey basis at -imadhri -uper 0hermal Power -tation @*4)00$<A 6ndhra Pradesh'

NBCC has made a dent in speciali2ed areas by ac;uirin# /obs which re;uire hi#h and sophisticated technolo#y' 0he Corporation has also developed an inte#rated database or computeri2ed mana#ement in ormation system coverin# all the ma/or areas re;uirin# decision support' !0 based tools are bein# used or decision ma,in# in all acets o its operations' Computeri2ed $!- with better eedbac, is enablin# NBCC to e4ercise a stricter control on the e4ecution o the pro/ect ri#ht rom the sta#e o award till the completion' By dint o its sustained e orts and initiatives, NBCC has made a remar,able turnaround particularly since *00F and has increased its pro it rom (s'*')) crore to (s'515'79 crore representin# a Compounded 6nnual Growth (ate @C6G(A o 10FH and !ncome rom (s'+1+'*9 crore to (s *0*5'79 crore respresentin# a C6G( o +0'))H as on +1'+'*010' 0o enhance its port olio in !ndian and abroad, NBCC is now committed to multiply its initiative in the ields o ?Ds with reputed !ndian and orei#n companies' &evlopment o (eal "state, Power 8 !n rastructure -ector etc' 0he Corporation has now s,etched out a road map to achieve its new milestone on !N( 5)00 crore turnover by the year *01*'

$Cs Bureau o

!ndian -tandards has #ranted the license to National Buildin#s

Construction Corporation Limited or Iuality $ana#ement -ystems Certi ication in accordance with !- C !-. 90011*000 or providin# Consultancy and construction services
55

by Consultancy &ivision and Pro/ect $ana#ement Group'

!nitially NBCC was certi ied or !- C !-. 900111995 or Iuality $ana#ement -ystem in $arch, 1999' !n &ecember, *00F the license was up#raded rom !- C !-. 9001 1 1995 to !- C !-. 9001 1 *000 Iuality mana#ement -ystem' 0he license has been renewed valid upto $arch, *011' NBCC, while carryin# out its operation, has always remained up ront in respondin# to cause o the society at lar#e meetin# many obli#ations, 6part rom inancially contributin# to initiatives o many NG.s and !nstitutions involved in upli tment and development o the poor, needy section o the society that run into la,hs o (upees annually, the Corporation has been actively en#a#in# itsel as a catalyst to the development o Country:s bac,ward and remote areas' !t also always responds to the call o the Government o !ndia and the -tate Governments or rehabilitation wor,s at various places and or the people a ected by natural calamities'

0o wor, in remote areas where other construction a#encies shy away rom ta,in# up pro/ects or upli tment o socio economic status o the locals' (e 3 construction o in rastructure in areas devastated by natural calamities' !n rastructure pro/ects or bene it o the lar#er section o society in under developed areas'

<or,s relatin# to National -ecurity' <ater -upply &istribution -ystem'

56

-ome o the C-( activities underta,en by the Corporation are as under 13 9' Construction o schools, dispensaries, community centers etc' in the earth;ua,e a ected areas o Gu/arat and cyclone a ected areas in .rissa on no pro it basis' 0he value o construction done durin# last three years by NBCC is appro4imately (s'F0'00 Crores' NBCC has urther submitted a number o Pro/ect (eports to the Central Government or the pro/ects proposed to be underta,en by the Corporation or the (ehabilitation o 0sunami a ected people' 10' Construction o Community Centre and shelters or providin# immediate relie to the people o ?ammu 8 Bashmir a ected by devastatin# earth;ua,e' 11' &evelopment o (ural (oads in underdeveloped and remote areas under EP(6&96N $6N0(! G(6$ -6&6B >.?6N6E in Bihar 8 0ripura' 1*' &evelopment o -lum and (ural (oads in North "astern -tates' 1+' Border =encin# in !ndo3Ban#ladesh Border 8 !ndo3Pa, Border areas' 15' Layin# o water supply heavy mains between $uradna#ar @%PA to -onia Dihar @&elhiA or supply o drin,in# water to "ast and -outh &elhi' 1)' Placement o *1 Nos' o Physically challen#ed personnel on the rolls o the or#ani2ation' 16' Corporation is also maintainin# an e4clusive Pro/ect $ana#ement &ivision or liaison with concerned $inistries and the -tate Governments or monitorin# o the pro/ects' =urther, NBCC is also havin# a ull led#ed Di#ilance &ivision headed by C'D'.', 9indi Cell, Iuality Control Cell as a part o compliance to the re;uirement o a Government .r#anisation which are not maintained by any private .r#anisation' 0he Corporation is incurrin# e4penditure to the tune o (s'7'00 crores per annum towards such services'

57

&ecision ma,in# processCchannels o supervision 8 accountability 6ll policies, rules and re#ulations are ramed by the Board o &irectors o the Corporation' !mplementation o such policies, rules 8 re#ulations are made by various unctionaries in accordance with the &ele#ationC-ub3dele#ation o powers' 9owever, vide 6rticle 7*@+A o the 6rticles o 6ssociationJ the ollowin# matters have been reserved or the decision o the Central Government1 -ale, lease or disposal otherwise o whole or substantially the whole o the underta,in# o the company' =ormation o a subsidiary company' 0o re#ulate the business and decision ma,in# in the Corporation some o the important provisions are as ollows1 6ward o wor, is placed on the lowest tenderer inalised #enerally throu#h open tender or out o the pre3;uali ied a#encies' 6t times, the award o wor, is also done throu#h limited tenders considerin# the ur#ency its si#ni icance' &ependin# upon the value o wor,s various 0-Cs have been ormed or procurement o wor,s, pre3tender tie3ups, award o wor,sCsupplies' Constitution o these 0-Cs'

Pro/ect wor, is actually e4ecuted by its -ite !nchar#e' 0here are a number o sites under a %nit !nchar#e who is responsible and accountable or mobilisation, pro#ress and timely completion o wor,s under his control' Per ormance o various %nit !nchar#es is vouched by the Ponal 9eads who in turn are placed under the overall control o their (e#ional Business Group 9eads @(BG 9eadsA' Per ormance o each o the (BG 9ead is reviewed

58

on ;uarterly basis a#ainst the speci ied tar#ets by the Chairman3cum3$ana#in# &irector and =unctional &irectors at the Corporate . ice'

1' 4ro%/ Med$cal Ins%rance Sche&e !n3service C retired employees o the Corporation are covered under a Group $edical !nsurance Policy and are eli#ible or indoor medical treatment both on cashless and reimbursement basis in any o the 9ospitals listed by the !nsurance Company' Besides, a corpus C lotter is also available to the e4tent o *)H o the insured amount in order to cover the re;uirement o #enuine cases' *' 4ro%/ Ins%rance Sche&e

0he in3service employees in the re#ular establishment o the Corporation are covered by a Group !nsurance -cheme on payment o subscription by the employees accordin# to their scale o pay'

+- Interest s%bs$d( on Eo%se B%$ld$n' Ad@ance

(e#ular employees o the Corporation are entitled to #et interest subsidy on house buildin# advance obtained by them rom approved lendin# a#encies' 0he di erence between the rate o interest char#ed by the lendin# a#encies and the rate o interest char#ed by the Central Government on house buildin# advance rom its employees is reimbursable sub/ect to a ma4imum o 6H'

59

5- Eo%s$n' S%bs$d(

"mployees o the Corporation on trans er rom one place to another are entitled to housin# subsidy at the new place o postin# in addition to 9(6 o the station at which the amily is le t behind' 0he Corporation also acilitates the employees or hirin# their own accommodation at the new place o postin# by allowin# them interest ree advance recoverable in twelve monthly installments'

)' Company Leased 6ccommodation

"mployees at the level o General $ana#er and above are entitled to Company leased accommodation'

6' Trans/ort Allo ance to Ph(s$call( Eand$ca//ed e&/lo(ees

0ransport 6llowance is payable to physically handicapped employees it double the rate at which it is payable to other employees o the Corporation'

F' Children "ducation 6llowance

"mployees o the Corporation are entitled to Children "ducation 6llowance sub/ect to ul illment o certain conditions in respect o children studyin# upto 1*th class'
60

"mployees posted to North "astern (e#ion are allowed almost all the -pecial Bene its as applicable to Central Government employees' 7' Leave 0ravel Concession

Corporation has its own rules or #rantin# Leave 0ravel Concession to its employees' "ach employee is entitled to avail home town L0C every two years' 6#ainst one o the 9ome 0own L0C, employee can avail 6ll !ndia L0C in a bloc, o our years' -pecial concession to travel by air by any airline has been #iven in case o travel rom one place to another provided the destination is lin,ed by (a/dhani C-hatabadi "4press trains' 0he e4penditure is, however, restricted to the train are applicable in the case o (a/dhani C -hatabadi "4press trains'

9- Lea@e Encash&ent

"mployees o the Corporation are entitled to encashment o leave to the e4tent o )0H as on 1st ?uly o every year sub/ect to availability and proceedin# on leave or the matchin# period'

10' Benevolent =und

!n the event o demise o an employee in harness, there is provision or e4tendin# inancial assistance to the ,ith and ,in C le#al heirs o the deceased employee rom the Benevolent =und' =or this purpose the Corporation contributes a sum o (s')0,000C3 per employee and the balance is #enerated out o contribution rom the employees o the Corporation'

11' Corporate <ear C %ni orm Cshoes

61

Corporation provides corporate wear to all its re#ular employees e4cept operative level sta s who are bein# provided with summer C winter liveries as per their entitlement'

1*' Interest free ad@ance

0he eli#ible employees o the Corporation are entitled to =an, Cycle, =estival, -cooter and Car advance as per #uidelines C rate o interest applicable to the Central Govt' employees'

1+' Co&/%ter Ad@ance

0he employees o the Corporation are entitled to an interest ree advance to be recovered in *5 installments'

15' Tea Allo ance

0he re#ular employees o the Corporation are paid a tea allowance on monthly basis'

1)' Refresh&ent char'es for attend$n' off$ce be(ond off$ce ho%rs G hol$da(s

0he re reshment char#es are bein# paid to the employees in 9. 8 P. or wor,in# on holidays C or sittin# late a ter o ice hours'

62

D!G!L6NC" 6C0!D!0!"-

0he Di#ilance &ivision at Corporate . ice is headed by Chie Di#ilance . icer, an o icer on deputation rom the Government o !ndia' Di#ilance &ivision underta,es in;uiry into transaction in which employee is suspected or alle#ed to have acted or an improper corrupt purpose or cause such an in;uiry or investi#ation to be made into any complaint o corruption, #ross ne#li#ence, misconduct, rec,lessness, lac, o inte#rity or other ,ind o malpractices or misdemeanors on one:s part' <ith an ultimate aim o eradicatin# corruption, a our pron#ed strate#y is ollowed, which has also been appropriately incorporated in the 6nnual 6ction Plan relatin# to anti3corruption measures vi2' @1A Preventive Di#ilance, @*A &etective Di#ilance 8 surveillance, @+A Punitive Di#ilance 8 @5A %se o !0 innovations to curb malpractices and ensure transparency' :Di#ilance 6wareness <ee,: was observed in the Corporation rom +'11'*010 to F'11'*010 and a souvenir containin# important circulars o the CDC, was brou#ht out by the Di#ilance &ivision'

P%BL!C ("L60!.NPublic (elations &ivision made sustained e orts throu#h various means o communication to pro/ect the ima#e o the Corporation' 0here has been re#ular covera#e in both print and electronic media on various activities and achievements o the or#ani2ation' 9ouse ?ournals, Brochures, Boo,lets, "vent -peci ic =olders etc' or distribution amon#st Clients, Business 6ssociates were published' 6lso or#ani2ed a Press Con erence to brie the $edia about the achievements and business thrusts in areas o (eal "state, particularly (esidential (eal "state and Power -ectors' 6 campai#n on upcomin# 6 ordable 9ousin# Denture was launched'
63

0he company is mana#ed by the Board o &irectors which ormulates business strate#ies and policies' 0he a airs o the company are mana#ed by the Chairman3cum3$ana#in# &irector and unctional &irectors under the overall #uidance o the Board o &irectors' NBCC bein# a P-%, all &irectors are appointed by the President o !ndia' &urin# the inancial year, the Board consisted o ) members vi2' + unctional directors includin# the Chairman3cum3$ana#in# &irector besides * #overnment nominee directors' 0he matter relatin# to nomination o non3e4ecutive part3time independent directors to ill + vacancies on board is under consideration o the Government o !ndia' 0he meetin#s are bein# convened by #ivin# due notice a ter obtainin# the approval o the Chairman o the Board' &etailed a#enda to#ether with supportin# papers and documents is circulated in advance to acilitate decision ma,in# durin# the Board $eetin#s' Considerin# the ur#ency o the matter, sometimes the decision is also ta,en throu#h a resolution by circulation' &ele#ation o powers has been #iven to various unctionaries in the or#ani2ation' $atters which are not covered within the dele#ated powers o the Chie "4ecutive are re erred to the Board o &irectors' 0he Chairman3cum3$ana#in# &irector and =unctional &irectors meet the ,ey e4ecutives to review the per ormance o the Corporation every ;uarterly'

64

OBHECTI0ES OF TEE STU1Y

0o analy2e the inancial statements o NBCC usin# various methods li,e1
Cash low statement Balance sheet Douchers Cash boo,

0o determine the various accountin# procedures in the Compilation o 6ccounts &epartment o NBCC' -cope o study was very wide as it involved analy2in# the inancial procedures o the company as well as to understand and learn about various accountin# procedures o the company'

0o learn how various vouchers are prepared

0o understand how i4ed assets are mana#ed by the company and how to wor, on the =i4ed 6sset $ana#ement -o tware@=6$-A used by the company to maintain records o all its i4ed assets'

65

USE ! IMPORTANCE OF TEE STU1Y USES OF TEE STU1Y

NBCC L0& is the lar#est producer o Buildin# in the country' =rom this study we see that how company plans their bud#et accordin# to their re;uirement is important' !ncreasin# capital cost over the years 9i#her interest durin# construction Chan#in# inancin# pattern !nade;uate #eneration o internal resources Problems in the borrowin#s or power pro/ects &evaluation o rupeeCpartial convertibility %ncertainty in the low o e4ternal aid Problems o inancin# throu#h power bonds

IMPORTANCE OF TEE STU1Y

<or,in# capital @<CA is an important metric or all businesses, re#ardless o their si2e' <C is a si#nal o a company:s o/erat$n' l$I%$d$t( =i#ure 0' 9avin# enou#h <C means that the company should be able to pay or all o its short3term e4penses and liabilities' Lar#e companies pay attention to <C or the same reason as small ones do1 <C is a measure o li;uidity, and thus is a measure o their uture credit3worthiness' Companies who want to borrow by issuin# bonds or purchasin# commercial paper @a mar,et o lar#e, short3term loans or bi# companiesA will ind it more e4pensive

66

i they do not have enou#h <C' ! they are a public company, their stoc, price may all i the mar,et doesn:t believe they have ade;uate <C' =or small businesses and start3ups, unable to access inancial mar,ets or borrowin#, <C has more dire implications' <C can also be described as the amount o money that a small business or start3up needs to stay in operation' -tart3ups need to pay attention to their <C because it is the amount o money they need to ,eep the business runnin# until they brea,3even @start earnin# a net pro itA' .n one hand, <C is important to because it is a measure o a company:s ability to pay o short3term e4penses or debts' .n the other hand, too much wor,in# capital means that some assets are not bein# invested or the lon#3term, so they are not bein# put to #ood use in helpin# the company #row as much as possible' <C is only one measure o a company:s operatin# li;uidity' !t is not the only measure, and it is certainly not a #uarantee o a company:s ability to pay' 6 company may have positive <C, but not enou#h cash to pay an e4pense tomorrow' -imilarly, a company may have ne#ative <C, but may be able to ad/ust some o their debt into lon#3term debt in order to reduce their current liabilities' <C is an important metric, but is not the whole story o a company:s inancial health'

67

LIMITATION
0he present study is sub/ected to ollowin# limitation' 0o develop the relationship throu#h personal interaction by tal,in# such appointment o Ban, $ana#er and there ore bias becomes a ma/or limitation' &ue to time constraints ! have been visit only seventy ive branch o di erent ban,s, and conduct seven event shows in di erent place o the city'

68

RELE0ANT EYPOTEESIS
S S S STATISTICAL TEST? 0he statistical procedure to draw an appropriate conclusion rom sample data about a population parameter' EYPOTEESIS? 6ny statement concernin# an un,nown population parameter' A$& of a stat$st$cal test? 0est an hypothesis concernin# the values o one or more population parameters' 0>P"- .= 9>P.09"-!S NULL EYPOTEESISJE+ states that a treatment has no e ect or there is no chan#e compared with the previous situation' 0he parameter is e;ual to a sin#le value' S ALTERNATI0E EYPOTEESISJEA states that a treatment has a si#ni icant e ect or there is development compared with the previous situation' 0he parameter can be #reater than or less than or di erent than the value shown in 90'

69

RESEARCE METEO1OLO4Y

70

RESEARCE METEO1OLO4Y

0>P" .= &606 @("-"6(C9 PL6NA P(!$6(> &6063 Primary datas arethose which are #athered specially or the pro/ect at hand, directly3 e'#' throu#h ;uestionnaires 8 interviews' 9ere mainly ;uestionnaire is prepared to ,now the views o o the public about NBCC' -"C.N6&6(> &6063 $ainly secondary data was collected or ma,in# the Pro/ect (eport and then various analytical tools were used on the data collected'0hese datas helps to ,now the inancial position o NBCC' ("-"6(C9 &"-!GN 0he research done was "RPL.(60.(> ("-"6(C9 as it is based on

secondary data and it does not have a ormal and ri#id desi#n' this ,ind o research has the primary ob/ective o development o insi#hts into the problem' !t studies the main area where the problem lies and also tries to evaluate some appropriate courses o action' 0he present study contemplated an e4ploratory research 0he research methodolo#y or the present study has been adopted to re lect these realties and help reach the lo#ical conclusion in an ob/ective and scienti ic manner' C.LL"C0!.N .= &606 NBCC &ata was mainly collected rom various secondary sources li,e annual reports, accounts manual, database o the company and also rom the website o the company
71

<hile collectin# data main emphasis was on the act that only authentic !n ormation was collected by personally interactin# with various sta members o

in ormation should be collected'

0hen various analytical tools were applied on the data collected throu#h above

mentioned methods'

72

LIMITATIONS OF YEE STU1Y

!n increasin#ly #lobal environment, real threat will come rom $NCs who are havin# access to cheap unds and technolo#ical superiority' 0he new #lobal scenario will orce NBCC to rethin, the strate#y' <ith the openin# up o the sector, more and more players are ,een to put up power plants because o new enablin# re#ulatory mechanism' 0hey will operate the plant with minimum overheads and le4ible inancin# options' -ource o und especially rom stoc, mar,et are cheaper compared to public

sector utilities' 0his is because o mar,et perception that private sector can run business more e iciently' Bein# a Public -ector Company NBCC has to bear to certain rules 8 re#ulation ormulated rom time to time' <here private sectors has no such restrictions NBCC has to #o throu#h a ormal route o tenderin# where the bids are invited rom interested parties' <hereas in case o Private sector, they have independence o awardin# contract without invitin# any bids'

73

PART-.
1ATA ANALYSIS AN1 ITS INTERPRETATION

74

I1A what is the NBCCKs per ormance durin# the year *010311M

!N0"(P(6060!.N-1

NBCCKs C6G( percenta#e also increases due to increase in total income,#ross mar#in,etc'' NBCC has improved its level o income rom the past recent years and now its total income is (s' *055'+) crores' 0here is a bi# chan#e in "arnin# Per -hare i'e' (s'+0'56 crores to (s' 1F67'5* crores'

75

I*A <hat is the .rder Boo, o NBCCM

.(&"( B..B

!N0"(P("060!.N-1

NBCC total order boo, cost (s'7000 crores' $a/or part o order was done on implementin# a#ency o centralCstate #ovt' Lowest order was made on transportation and others i'e'only *H' 0here was smallest contribution made on environmental activities' (eal estates also contributes 1*H in overall order boo,' 0hey have invested in various stoc, e4chan#es' 9ousin# also contributes )H share,means NBCC provides housin# acilities also' 0his order boo, shows the companyKs overview in di erent sectors'

76

!NC.$" .D"( 09" L6-0 "!G90 >"6(-

I +A <hat is the income over the last ei#ht years o NBCCM

Income(in crores) 2001-02 2002-03 2003-04 *00+305 2004-05 *00530) 2005-06 2006-07 *00)306 2007-08 *00630F 2008-09
*00F307 *007309 *009310 *010311

I n

413 200102 502 200203 667 200304 802 200405 Income(in 1317 crores) 200506 1514 200607 2025 08 20072044 09 2008-

41 5

!N0"(P("060!.N-1

6s we have already saw the increment in the per ormance or the year *010311 o NBCC ,thou#h there is also an increment in income over the last ei#ht years' !ncome in the year *00130* is very low which is (s' 51+ crores as compared to the income in the year *010311 is (s' *055 crores' (ise in income shows that NBCC is increasin# its pro its year by year'

97

0here is a ma/or chan#e in the income between the period *00530) to *00)306

97

FINANCIAL RESULTS
Q 4) How much there is change in a financial osition of a !"##$

FINANCIAL RESULTS
Q 4) How much there is change in a financial !"##$
!NC.$"

osition of a @(s' !n CroreA

*010311 *009310

INTERPRETATIONS:
INTERPRETATIONS: theyear year 2008-09, turnover of NBCC increased from During &urin# the *010311, the the turnover o NBCC increased rom (s' 1969'99 s!"9#9!99 crore to s! 20$"!20 crore re%rasenting an increase $& During the 2008-09, the turnover of NBCC increased from Crore to year (s' *051'*0 crore representin# an increase o 5H and earned of a net pro it be ore and earned a Net 'rofit (efore )a* of s! 2+9!9, crore after %roviding s!"9#9!99 crore to s! 20$"!20 crore re%rasenting an increase of $& ta4 o (s' *+9'9) crore a ter providin# depreciation o (s' +'** crore' and de%reciation earned a Net of 'rofit s!+!0(efore crore )a* and ofinterest s! 2+9!9, of s! crore +!22 after crore! %roviding de%reciation of s!+!0crore and interest of s! +!22 crore! .%ening (a/ance of 0or1/oad in hand 0as s! $2+2!+$ crore .penin# balance o 0or1/oad wor,load inhand hand was (s' 5*+*'+5 crore .%ening (a/ance of in 0ascrore s! $2+2!+$ crore and 0or1s of During the year ,0or1s of s! $-9$!$8 0ere secured &urin# year, wor,s 5F95'57 crore crore were and wor, o (s' During thethe year ,0or1s ofo (s' s! $-9$!$8 0eresecured secured and 0or1s of *051'*0 crore s! 20$"!20 crore 0ere e*ecuted! e4ecuted' s!were 20$"!20 crore 0ere e*ecuted! )he Net %rofit 2fter )a* for the year 200--08 is s! 2-9!8+ crore and 0hi/e )he Net %rofit )a* foror the year s! 2-9!8+ crore and 0hi/e 0he Net pro2fter it a ter ta4 the year200--08 *009310 is is (s' *F9'7+ crore and while or the year the year 2008-09 is s! ",9!"# crore! for for the year 2008-09 is s! ",9!"# crore! *010311 is (s' 1)9'16 crore'

97

I )A <hat is the cash low statement o NBCCM

C6-9 =L.< -060"$"N0 @!ndirect $ethodA or the year ended +1st $arch, *011

@in la,hsA *0103*011 6'Cash lows rom operatin# activities Net pro it be ore ta4 6d/ustment or1 &epreciation @Pro itACLoss on sale o assets@netA !nterest (eceived (ent &ividend (eceived !nterest "4pense Pro it in ?oint Denture 10F'*+ @1F9'F5A @679+'F5A @1'59A @)05'*5A +*1'7) @+7'9FA 95'7+ @+9'15A @F0F)'56A @+'+7A @*)0')*A +)6'+F 3 *+99)'16 51577'+ *0093*010

TTTTTTTTTTTTTTTTTTTTTTTTT .peratin# Pro it be ore <or,in# Capital Chan#es 6d/ustment or1 !nventories <or,3in3Pro#ress -undry &ebtors Loans 8 6dvances .ther Current 6ssets Current Liabilities Provisions @*+6'01A F)+*'57 @++017')FA @5F+0'+9A 511'95 +)+07'51 @)+69'00A @1)'+9A @11+*+'F0A ++*+'*7 @*776'6+A @*67'95A 1+015')1 @656'F)A 16706'06 +5)F1

97

$iscellaneous "4penditure

+'*)

+'*6

TTTTTTTTTTTTTTTTTTTTTTTTT T Cash #enerated rom .perations &irect 0a4es Paid Corporate &ividend 0a4 Paid Gratuity 8 Leave "ncashment @Net !ncreaseA Net Cash =rom .peratin# 6ctivities B'Cash lows rom investin# activities Purchase o i4ed assets -ale o i4ed assets !nterest (eceived (ent &ividend (eceived !nvestments Pro it in ?oint Denture @*1*'F6A *+6')1 679+'F5 1'59 )05'*5 @*16'79A +7'9F TTTTTTTTTTTTTTTTTTTTTTTTT T Net Cash =rom !nvestin# 6ctivities C'Cash lows rom inancin# activities Proceeds rom issue o e;uity shares (edemption o pre erence shares !ncreaseC@&ecreaseA o National income (enewal =und !ncreaseC@(epaymentA o loans !nterest Paid &ividend on ";uity -hares Paid 3 3 3 3 3 @+*1'7)A @))96')+A 3 @+000'00A 3 3 @601+')FA @+)6'+FA 3 @BA F*5)'+0 669)'99 @1)0'00A )1'91 F0F)'56 +'+7 *)0')* @)+)'*7A @6A 110FF'6+ 1965+'0F 16F07'1F @6)1F'5)A @9)1'51A 17+7'+* @11)+'65A +)FF0'65 @159F+'9+A

97

TTTTTTTTTTTTTTTTTTTTTTTTT T Net Cash =rom =inancin# 6ctivities @ CA @)917'+7A @9+69'95A

TTTTTTTTTTTTTTTTTTTTTTTTT T Net !ncrease in Cash and Cash ";uivalents @6AU@BAU@ CA 1*505')) 16969'1*

TTTTTTTTTTTTTTTTTTTTTTTTT T Cash and Cash ";uivalents3.penin# Cash and Cash ";uivalents3Closin# 9*110')* 105)1)'0F F)151'5 9*110')*

!N0"(P("060!.N-1

0he above Cash =low -tatement has been prepared in accordance with the re;uirement o 6ccountin# -tandard 3+' Cash =low -tatement issued by the !nstitute o Chartered 6ccountants o !ndia' 0he closin# Cash and Cash ";uivalents balance had been increased in the year *010311' Cash and Cash e;uivalents consist o cash in hand and balances with ban,s' Cash and cash e;uivalents included in the cash low statement comprise the ollowin# balance sheet amount'

97

IMPLICATIONS
-ome o the main actors responsible or NBCC:s deterioratin# inancial condition and those which represent its chie inancin# constraints are1 !ncreasin# capital cost over the years 9i#her interest durin# construction Chan#in# inancin# pattern !nade;uate #eneration o internal resources Problems in the borrowin#s or power pro/ects &evaluation o rupeeCpartial convertibility %ncertainty in the low o e4ternal aid Problems o inancin# throu#h power bonds 0he most o the NBCC:s inancial problems is that inancin# rom the institutional a#encies has slowed down due to sectoral issues' 0his trend can be reversed only with improvements in the inancial health o the -tate Buildin# Boards @-"BsA, thou#h such assistance could ta,e care o only a portion o the total re;uirements' 0he ,ey issue lies in improvin# the internal resource #eneration o all the sector utilities includin# -"Bs whose contribution to the resource mobilisation durin# the entire seventh plan had been ne#ative' 0his would point out to the need or suitable ad/ustment in the tari adoption o sound commercial practices in utility mana#ement' =rom an analysis o the various sources o NBCC:s inancin# mi4, it is evident that the emphasis is clearly shi tin# rom Government support and so t loans to internal resources and commercialCmar,et borrowin#' Bond inancin#, as a source, is shrin,in# because o the chan#in# economic scenario and the liberali2ation measures announced by Government' 0here is a dampenin# impact, presumably, o the mountin# outstandin# dues rom -"Bs on NBCC:s ability to #enerate internal resources to inance its own development pro#rammers in the recent past' and

97

CONCLUSIONS

97

CONCLUSION
NBCC is the lar#est Public sector construction Company' But it is not yet a -chedule Q6K company'NBCC is a public sector company as a wholly owned by Government o !ndia "nterprise under the ae#is o the $inistry o %rban &evelopment with )1H shares held by them'

Corporation achieved a total turnover o (s'*971'97 crore as a#ainst (s'*051'*0 crore in the previous year' =or the year, pro it be ore ta4 was (s' 1F5')9 crore @ previous year (s'*+9'9) croreA'

Nbcc,at present, has a very healthy order boo, o over 10,000 crore and net worth o the company too,has shown e4ponential #rowth'0he entire paid up share capital o (s' 1*0 crore o the company is held by the President o !ndia and its nominees'0here is net increase in closin# balance o Cash and Cash ";uivalents or the year *010311 by 105)1)'0F la,hs'

"(P -o tware -ystem is in inal sta#es o implementation' 0he turnover o NBCC increased rom (s'1969'99 crore to (s'*051'*0 crore representin# an increase o 5H and earned a Net Pro it be ore ta4 o (s'*+9'9) crore a ter providin# depreciation o (s'+'0F crore and interest o (s'+'** crore'

0he inancial statements are prepared under the historical cost convention and #enerally accepted accountin# principles in accordance with the Companies 6ct,19)6 and with the compliance o 6ccountin# -tandards issued by the !nstitute o Chartered accountants o !ndia@!C6!A to the e4tent applicable' NBCC has =i4ed 6ssets $ana#ement -o tware @=6$-A or maintainin# records o =i4ed 6ssets and it man#es its =i4ed 6ssets very e iciently' Currently NBCC uses .racle and 0ally -o tware or maintainin# all other accounts'

97

NBCC ollows the ollowin# procedure or maintainin# accounts1 =irstly, accounts or all sites o a pro/ect are compiled at unit in char#e o the pro/ect whether the pro/ect is underta,en in !ndia or .utside !ndia' 0hen the acconts o all units are compiled at speci ic Pones o the Company 0hen these Ponal 6ccounts are compiled at the Corporate . ice o NBCC,at &elhi, to prepare the inal Consolidated Balance -heet o the Company as a whole'

0he basic data or compilation o inal accounts as to be urnished by various units to the Pone' =or a systematic and timely low o in ormation rom the units, the various reports and returns @$onthlyCIuarterlyC6nnualA are to be submitted by units inchar#e,a ter proper and intelli#ent scrutiny, to PoneC9ead . ice by the prscribed dates' 0he timely submission o these returns is to be watched by . icer !nchar#e o 6ccounts in the Pone as well as . icer !Nchar#e o the Compilation Group in the Ponal . ice'

97

RECOMMEN1ATIONS

97

RECOMMEN1ATION
1A NBCC must brid#e the #aps in the countryKs overall re;uirements o housin# 8 power more e iciently' 0hey should built more lats or people so that some o the people who donKt have their home to live, they can #et help throu#h NBCCKs concern towards customers'

*A Company must retain the plat orm o leadership by deliverin# pro/ects in time 8 within cost without compromisin# on ;uality and become a truly dependable pro/ect leader or esteemed customers as also or the corporation'

+A Beep on upli tin# 8 maintainin# the ;uality standards in pro/ect mana#ement 8 en#ineerin# consultancy services in order to sustain a hi#h level customer satis action by comprehensively meetin# the stated needs o the customer 8 proactively attendin# to the implied ones'

5A 0hey must use more advanced technolo#ies, so that their their wor, becomes more easy and le4ible'

)A Creatin# positive ima#e1 NBCC should try their level best to create positive 8 avorable ima#e in the minds o people'

6A !ncreased customer awareness1 NBCC must aware their customers time to time, so that their customers may be in touch with them and they can #et to ,now about new technolo#ies' Create positive memorable customer e4periences %nderstand how stress a ects customer service &iscover how the telephone can help your customer service %se e3mail and voicemail e ectively and pro essionally

97

Learn the ten commandments o customer service

FA " icient mana#ement1 0he mana#ement appointed must be e icient and easily controllable' 0he whole team should ocus and contribute in improvin# the #oodwill and ima#e o the company'

7A !mprovement in other processes1 0here must be some chan#e in their so tware li,e developin# new so tware i'e' "(P'

9A -olution o #rievances1 0here must be re#ular meetin#s with the inancial consultants and a#ents to motivate them and to solve #rievances i there are any'

10A <in ne#otiations1 6n 6ction Plan wor,sheet is assi#ned so that each participant can implement what heCshe has learned' 0his one or two day seminar will help you to' ' ' "nhance your ne#otiation s,ills so that you may be able to ma,e decisions, solve problems, complete deals and resolve disputes' Prepare e ectively or a ne#otiation usin# the LwinCwinO approach "mploy ne#otiation strate#ies that develop mutually acceptable solutions and stren#then on#oin# relationships Conduct ne#otiations that ensure all parties involved are satis ied with the inal results %ncover the other personKs alternatives, interests and options Communicate success ully durin# the ne#otiation process

11A Givin# and (eceivin# =eedbac,1 Learn how perception can e ect communication Give eedbac, so that the person doesnKt #et de ensive (eceive eedbac, without ta,in# it personally Learn to #ive and receive eedbac,

97

&evelop a lon#3term action plan or continually improvin# interpersonal s,ills

97

PART-6
BIBLIO4RAPEY

97

BIBLIO4RAPEY
BooBs
6#arwal N'B', $ana#ement o <or,in# Capital, -terlin# Publishers Pvt Ltd' New &elhi 197+' Cha,ravarty -' B', (eddy B', L!nter irm comparison in the !ndian Cement !ndustryO, 0he Charted 6ccountant, Dol' *0, No' +, 6pril 19F+

&eloo , $'' L&oes =!N6NC!6L -060"$"N0 6N6L>-!- 6 ects Pro itability o Bel#ian =irmsMO, ?ournal o Business =inance 8 6ccountin#, *00+ Ghosh, -' B' and $a/i, -' G'' L=!N6NC!6L -060"$"N0 6N6L>-!- " iciency1 6 study on the !ndian Cement !ndustryO, 0he !nstitute o Cost and <or,s 6ccountants o !ndia *00+ Guthmann 9'G', L6nalysis . =inancial -tatementO Prentice 9all !nc' New >or,, 19+) 9orri#an, ?' .', L6 -hort 9istory . =inancial (atio 6nalysisO 0he 6ccountin# (eview, 6pril, 1967 9oward Leslie (', <or,in# Capital 1 !ts $ana#ement and Control, London $acdonald 6nd "van Ltd', 19F1

MA4ADINES?
Business 0oday Business <orld

97

NEFSPAPER
"conomic 0imes Business -tandard 0he =inancial "4press 0he 0imes . !ndia

Re/orts5 Ho%rnals5 B%llet$ns and Per$od$cals? Annual reports o the various selected cement units Tendon committee reports The indu! Chennai The capital! Bol,ata Mana"ement accountants! !ndia The #ournal o$ industries and trade %hartered accountant! new &elhi Lo& ud'o"! new &elhi Producti(it', new &elhi The Indian economic #ournal! $umbai The Indian Accountin" )ournal )ournal o$ Accountin" * Finance Accountin" Re(ie+ !nternet web sits
http1CCwww'study inance'comClessonsCcapbud#etCinde4'mvMpa#eV01 www'nbccindia'com =inancial $ana#ement by Prasanna Chandra

97

 C"(C 0ari Policy o *0093*015' www'moneycontrol'com !ndian Power -tations *010 by NBCC &ele#ation o Power by NBCC !nternal $ana#ement (eports www'moneycontol'com 0ari based Competitive3biddin# Guidelines or 0ransmission -ervice

6uthors by
=ilbec, and Brue#er @*00)A <ild , -ubramanyam, and 9alsey @*005A, Chiou et al @*006A Danhorne @1969A <eston and Bri#ham @19F*A =ilbec, and Brue#er @*00)A Lambri4 and -in#hvi @19F9A <elter, in his study @19F0A, <arren and -helton @19F1A

Cohn and Prin#le in their study @19F+A

97

 Copeland and Bhoury @1970A

97

ANNEAURE

97

I%"-0!.NN6!(" I%"- 11 P"(-.N6L &"06!LName 6#e &ate o Birth Iuali ication -alary 3 3 3 3 3

I%"- *1 9ave you ever heard about NBCCM aA >es bA No I%"- +1 &o you trust our companyM aA >es bA No I%"- 51 9ave the company ul ill all public re;uirementsM aA >es bA No I%"- )1 9ow much will you #rade NBCCKs per ormanceM .C 0350H 1C 51H360H "C 61H370H /C 71H3100H I%"- 61 <hich o the ollowin# company is the best competitor to NBCCM .C 6protech "n#ineers Pvt' Ltd'

97

1C Bha#heeratha "n#ineerin# Ltd' "C BLG Construction -ervices /C C"C. Bearin#s I%"- F1 &oes NBCC provides you the best housin# acilitiesM .C >es 1C No

I%"- 71 &oes "mployees &evelopment Centre o NBCC provides better trainin# to the unemployed youthM aA >es

bA No

I%"- 91 !s NBCC ever dissatis ied their customersM .C >es 1C No

I%"- 101 &o you have any complaints re#ardin# NBCCM ! yes, then write your complaints, so that we can ta,e urther actions' .C >es 1C No

97