NBCC diversifies into highway construction

NBCC (India) Ltd., the Navratna CPSE under Ministry of Housing and Urban Affairs, today added yet another aspect to its expanding business by diversifying into the Road construction space. A Memorandum of Understanding (MoU) was signed between Yogesh JP Sharma, Executive Director (Engg.) NBCC and Anup Malik, Managing Director from Ecotourism Development Corporation of Uttarakhand Ltd (EDCUL) in the presence of Harak Singh Rawat, Minister for Forest, Government of Uttarakhand to construct an eco-tourism circuit along Kotdwar-Ramnagar Kandi Road in the State of Uttarakhand. The 50 km four lane highway road project will be partly straight road and partly elevated road, like flyover/bridge etc., to allow for free movement of wild animals underneath. The project will be developed under Green Infrastructure/Green Road Model and is estimated to cost Rs. 2,000 crore. The Wildlife Institute of India, Dehradun will be the partner institute of NBCC for ecological planning of the project which will be conducted through Satellite data. Dr Anoop Kumar Mittal, Chairman Cum Managing Director, said, “NBCC is always scouting for growth opportunities in existing and new sectors. With the present Government’s thrust towards roads and highways construction, we foresee immense opportunities in this space.”  NBCC is already an executing partner in Government’s flagship scheme Pradhan Mantri Gram Sadak Yojana (PMGSY) in Odisha, Bihar, West Bengal and Tripura, where it is constructing rural roads.