NCC Ltd (formerly Nagarjuna Construction Company Ltd) is a leading player in the Indian infrastructure and construction space with a client list that includes reputed organisations in the public and private sectors. The company is into operational verticals of buildings, roads, metals, irrigation, water and environment, electrical transmission, real estate and power generation through subsidiaries or SPVs incorporated for specific purposes. With 13 regional offices and over 220 project sites at present, NCC has established a reputation for efficient project management and execution skills.
The company has a successful track record of over 32 years in execution of various infrastructure projects. AAV Ranga Raju, Managing Director, NCC Ltd, puts in perspective some recent achievements of the organisation:
Last year, NCC had decided not to bid for BOT road projects and BOOT power projects, which involve huge outlays of capital. ¨Likewise, we have decided to monetise our real-estate assets and generate cash,¨ adds Ranga Raju.
¨We are executing a number of prestigious projects in India and abroad in various verticals and it is difficult to mention a particular project,¨ shares Ranga Raju. ¨However, the Rs 5,300-crore EPC contract for a power project at Krishnapatnam in Andhra Pradesh can be considered an ace project for its sheer size and huge opportunity to develop skill sets at all levels in executing a project of this magnitude.¨
Going forward, NCC intends to focus on its core competency: project execution. ¨We are withdrawing from development projects that are time-consuming and require huge investments,¨ reveals Ranga Raju. ¨Fortunately, the construction sector is picking up, which should provide us a good deal of traction. This is already reflected in our order book, which currently stands at about Rs 21,000 crore.¨
Recommendations to the Government
¨We intend to focus on our core competency, which is project execution.¨
- AAV Ranga Raju, Managing Director, NCC Ltd
Year of establishment: 1978
Top management: Dr AVS Raju, Chairman Emeritus; AAV Ranga Raju, Managing Director; AGK Raju, Executive Director; ASN Raju, Wholetime Director; AVN Raju, Wholetime Director; JV Ranga Raju, Wholetime Director; AKHS Rama Raju, Wholetime Director
Number of employees: 4,584 (as on Mar 31, 2014)
Turnover for 2012-13: Rs 6,968.4 crore
Turnover for 2013-14: Rs 7,463.2 crore
Latest orderbook: Rs 20,956 crore (as on March 31, 2014)
Major projects on hand:
Accolades and awards received: