Miniratna Status for NPCC

NPCC status of Miniratna

Question: National Projects Construction Corporation Limited (NPCC) has been conferred with the status of-
(a)Miniratna
(b)Maharatna
(c)Dormant
(d)Dissolved
Answer: (a)
Related facts:

  • National Projects Construction Corporation Limited (NPCC) has been conferred with the status of Miniratna: Category–I by the Government of India.
  • The empowerment of Miniratna Status to NPCC will help the company in taking speedy decisions by enhancing the delegation of powers to the Board.
  • NPCC was established on 9th January, 1957, as a premier construction company to create necessary infrastructure for economic development of the country in the core sectors of irrigation and water resources, power and heavy industries.





  • NPCC, which has also been awarded with ISO 9001:2015 Certification, is a schedule ‘B’ Central Public Sector Enterprise (CPSE) under the administrative control of Ministry of Water Resources RD & GR.
  • NPCC is currently making continuous profit since 2009-10 with  having positive net worth for the last six years and has ambitious business plan with enhanced order book position of Rs. 11833 crore.

Links:

http://pib.nic.in/newsite/PrintRelease.aspx?relid=185971

http://npcc.gov.in/Company.aspx

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