National Building and Construction Company (NBCC) has signed a project valued at Rs 2,000 crore with the Haryana government to implement Jawaharlal Nehru National Urban Renewal Mission (JNNURM) schemes of urban infrastructure and basic services for the urban poor.
The NBCC would cover Faridabad and other towns of the state as part of the urban infrastructure development scheme for the Small and Medium Towns (UIDSSMT) Scheme over the next five years.
According to NBCC Chairman and Managing Director Arup Roy Choudhury, “A number of other state governments are also approaching the NBCC for taking up such schemes and we expect to develop business worth Rs 8,000-10,000 crore by March 2007 under JNNURM schemes.”
The premier public sector construction company, under the Ministry of Urban Development, would conceptualise the development needs of the towns and prepare detailed project reports and implement the works for sewerage, water supply, storm water drainage, roads, bridges, water and sewerage treatment plants, solid waste management, basic housing and infrastructure for urban Poor in line with the city development plans for the next 25 years.
The NBCC also functions as the appraisal agency on behalf of the Ministry of Housing and Poverty Alleviation for JNNURM schemes and providing guidance training on technical matters for preparation of DPRs to various state governments.