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NBCC forays into highway construction & station re-development

By IndianMandarins- 19 Mar 2018
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nbcc-forays-into-highway-construction-station-re-developmentNBCC (India) Ltd, a Navratna CPSE under Ministry of Housing and Urban Affairs, recently added yet another aspect to its rapidly expanding business by diversifying into the highways construction space and redevelopment of railway stations. Union Home Minister Rajnath Singh on Sunday laid the foundation stone for redevelopment of Gomti Nagar & Charbagh Railway Stations at Lucknow in the presence of Union Railway Minister Piyush Goyal. NBCC has been entrusted with the Redevelopment projects of 10 Railway Stations across India.The redevelopment of these two railway stations shall be carried out in phases and the estimated project cost of Phase 1 is approx. Rs 374 Cr and Rs1206 Cr for Gomti Nagar and Charbagh respectively. NBCC shall be executing this project on a self-revenue generation model by commercial utilization of vacant railway land parcels. In yet another breakthrough an MoU was recently signed between Yogesh JP Sharma, Executive Director (Engg.) NBCC and Anup Malik, Managing Director from Ecotourism Development Corporation of Uttarakhand Ltd (EDCUL) to construct an eco-tourism circuit, a 50 km four lane highway project worth Rs. 2,000 crore, along Kotdwar-Ramnagar Kandi Road in the State of Uttarakhand. The road will be partly straight road and partly elevated road (flyover/bridge) to allow for free movement of wild animals underneath. 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.

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