NPCC now a 'mini-ratna'

The government on Tuesday conferred the National Projects Construction Corporation (NPCC) with the status of 'miniratna', empowering it to "taking speedy decisions".

Incorporated in 1957, NPCC is a premier construction company "having mandate with creation of infrastructure to provide impetus for economic development of the country," said the Ministry of Water Resources, River Development and Ganga Rejuvenation in a statement.

"The Corporation is making continuous profit since 2009-10, having positive networth for the last six years and has ambitious business plan with enhanced order book position of Rs. 11,833 crore," it added.

-- IANS

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