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CMD,NBCC CONFERRED SCOPE LEADSERSHIP EXCELLENCE AWARD

Apr 12th, 2017 10:04 am | By | Category: LATEST NEWS

Mittal
THE NEWSMAN OF INDIA.COM
President of India, Pranab Mukherjee, gave away SCOPE Leadership Excellence Award (Individual Leadership Category – Maharatna & Navranta) 2014-15 to Dr. Anoop Kumar Mittal, Chairman-cum-Managing Director, NBCC (India) Ltd. on April 11, 2017. The Award was conferred during the Public Sector Day celebration 2017, organized jointly by Deptt. of Public Enterprises, Govt. of India and Standing Conference of Public Enterprises and held at Vigyan Bhawan, New Delhi. The other distinguished guests present on the occasion included S/Shri Anant G. Geete, Minister of HI&PE; Babul Supriyo, Minister of State for HI&PE; Smt. Seema Bahuguna, IAS, Secretary, Deptt. of Public Enterprises and others.

It may be mentioned that the SCOPE Excellence Awards are given away annually to the performing organizations and individual CEOs and others for their excellence in performance and contribution towards the growth of the Company as well as the Nation at large. As far as Dr. Mittal is concerned, it is worth mentioning that since his taking over the charge of NBCC in 2013, the company has made a behemothic rise in its performance in a span of just three years. To his credit goes, achieving of Navratna Status by the company in June 2014, the turnover growing by 80% and order book by 417%. The performance has also been reflected in share price of the Company, enhancing its market capitalization by 1000%, surpassing 16000 Crores and giving 2200 Crores sales proceed in the recent disinvestment drive by the Govt. of India.

It was initiative of Dr. Mittal to align NBCC with the govt. flagship schemes of Swachh Bharat, Housing for All by 2022, Namami Gange, Smart City and Skill India Mission.In its first bid responding to these schemes, NBCC has successfully completed affordable housing inKhekra, UP and two mid-segment housing projects are on the verge of completion in Gurugram. Also, in the process of augmenting the housing stock in the country Dr. Mittal’svision of vertical expansion of cities through redevelopment has caught the imagination of many stakeholders. NBCC through Ministry of Urban Development (MoUD), has developed a unique financial model for redevelopment of old dilapidated Govt colonies by exploiting commercial built up area in order to make the projects self-sustaining with no financial burden on the exchequer. Consequent to the tremendous success of redevelopment of GPRA at New Moti Bagh, Delhi, implemented under this model followed by Rs. 5000crores Redevelopment project at Kidwai Nagar (East), Delhi, Dr. Mittal carried the initiative further which has resulted in MoUD deciding to redevelop 7 colonies in Delhi – Sarojini Nagar, Netaji Nagar, Nauroji Nagar, Mohammadpur, Kasturba Nagar, Sriniwaspuri and Thyagraj Nagar at a total cost of 32000 Crores through NBCC and CPWD. Ministry of Health has also plannedredevelopment of its AIIMS colonies on self-revenue generation model of NBCCat Ayurvigyan Nagar and Ansari Nagar at an approx cost of 4500 Crores. In order to lead by example, Dr. Mittal is now taking the initiative further forward implementing the same model of redevelopment in other States PAN India.

During the regime of Dr. Mittal, NBCC has taken significant initiatives towards adoption of new technologies and entered into MOUs/ partnershipswith foreign companies in South Korea, Russia, Hungary, United Kingdom, United States, Oman, Malaysia, Turkey and Bangladesh. It may also be mentioned in the context that there has been a tremendous boost in project export initiatives by the Company under the leadership of the Dr. Mittal. The Company has now a substantial presence in countries like Turkey, Botswana, Maldives, Oman and Mauritius.

Dr. Mittal has also been responsible for bringing in revolutionary changes in the different spheres of operations of the company. His long term vision towards efficient management of the Company’s operation has led to setting up of various subsidiaries to deal with the separate business verticals such as Maintenance and Operations, Engineering & Consultancy, Overseas operations and Environment & Energy sector. Under his bold leadership,NBCC has also volunteered to take over Hindustan Steel Works Construction Ltd.(HSCL), a PSU under the Ministry of Steel, which Dr. Mittal considered as a strategic move to add a new business vertical to further improve upon NBCC’s operational excellence.

A multi-tasker in his approach through and through, Dr.Mittal has never been found wanting in any front. The Company under his directives, introduced online APAR systems for the first time which has reduced complaints/RTIs in the company by almost 90%. That apart, NBCC also brought in various other HR practices such as implementation of paperless office, fast-track promotion policy, employee excellence awards, recruitment through written tests and many others,Similarly, the process of tendering and award of works were made online and dispute redressal mechanism was adopted to minimize conflicts and litigation in the Company. All these proactive initiatives by Dr. Mittal resulted in paradigm shift in the overall working, pacing the growth ladder of the Company faster.

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