Head Office: +977-1-4574898 / 4575898 | Spare Parts: +977-1-5171088 / 5171089
Service Hotline: 1660-0120-002

Business Verticals

Business Verticals

We operate under these Five Business Verticals:

REPRESENTATION

NCEC core operation is as Representative Agent for Value Added Liaison Services. NCEC represents international companies from sectors EPC contractors, equipment and machinery manufacturers, engineering consultancy companies, manufacturers of power and energy systems, and large trans-national trading companies.

The business caters to large hydro power plants, power stations, manufacturing units, irrigation projects, road, highway and bridges project, other physical infrastructure projects, government procurement for goods and material, etc.

A dedicated team supports international companies in preparing their bids for opportunities in procurement eco-system in Nepal for both private and government requirements. We support our partners with Legal and Regulatory services, Financial and Accounting services, Supply Chain and Logistics services, Office Management and secretarial services, and Human Resource services.

CONSULTANCY (Engineering & Management)

NCEC provides variety of engineering and business services to its partners for their smooth operation in Nepal. As partners of engineering consultants, this segment focuses in supporting with required engineers and manager for feasibility studies, construction supervision and project management consultants.

HOSPITALITY & TRAVEL

NCEC has investment in the hospitality sector since 1992 with its partnership in the Bancha Ghar Nepali restaurant. Thereafter it has invested and divested in a few hospitality projects. For the future, the hospitality investment company is working towards developing an Eco-Friendly family holiday destination in the foothills of the Himalayas.We also operate a travel assistance company helping international travelers if need arrives!

INVESTMENTS on Public Placements

NCEC has strategic investment public holdings in listed companies and publically traded companies. Our investment portfolio are mostly in publicly listed banks and insurance companies.

DISTRIBUTORSHIP

NCEC operates are channel partners for multinational companies involved in construction and mining equipment, tunneling and underground works, industrial machinery solutions, from around the world that have global leaders in their business segments catering to Nepal’s physical infrastructure sector and industrial process segments. Headed by a Business Manager as the leader of this organization, it has dedicated Segment Managers, Sales Managers, Service Managers and Technicians. Employees are stationed all over Nepal and in specific customer sites. Two strategic companies: NCEC Equipment and Services (for Construction and Infrastructure) and NCEC Industrial Services (Manufacturing and Industrial process) cater to the target customer segment. We are distributors of Channel Partners for Atlas Copco Compressor Technique, Atlas Copco Industrial Technique, Atlas Copco Power Technique, Epiroc, & Dynapac.

As part of the Distributorship business model, we have a dedicated MRO and Rental section:

Maintenance, Repair & Overhaul (MRO): NCEC Maintenance Repair and Overhaul Team is trained to manage equipment and machinery in portfolio. We provide services to our customers keeling in mind that that an ideal machine is lost investment. Our Teams of Technicians are headed by experienced and competent Engineers with knowledge and skill. The skills are jointly developed by the principal manufacturers that we represent and our learning modules.

Equipment Rental: NCEC ‘s Rental business is solely for the products from our portfolio . Our product portfolios are in aircompressors, road construction equipment, mining equipment, shortcrete equipment, formwork shuttering system and tools.

Fully Owned Ventures

Nepal Construction & Engineering Corporation Private Limited – (NCEC)

The flagship company of the group that was established in 1958 thus leading the path to create NCEC Group. This is the holding company of the group. NCEC operates Value Added Representation & Liaison services related business activities catering in the large hydro power plants, manufacturing units, irrigation projects, road, highway and bridges project, other physical infrastructure projects, government procurement for goods and material etc.

NCEC Equipment & Services Private Limited

NCEC-ES caters to the Infrastructure and Construction market segment. The target customer portfolio for this company are construction companies in Road, Bridges, Hydropower, Buildings, Irrigation, Tunnels and other public works.Products & Services of Epiroc, Atlas Copco Power Technique, Dynapac, Soilmec, Doka, Duetz

NCEC Industrial Services Private Limited

NCEC-IS caters to the Manufacturing and Production market segment. Employees are stationed all over Nepal and in specific customer sites. The target customer portfolio for this company are Manufacturing & Process Industries. Assembly industries, Airlines MRO services,Products & Services of Atlas Copco Compressor Technique, Atlas Copco Industrial Technique, Buhler

Partnerships

Assistance Nepal Private Limited

The company operates as a professional assistance company to Insurance or Re-Insurance, or other international travel insurance and travel assistance companies. It has a strategic tie up with AMA Global Assistance Group based out of Delhi, Vienna, Bangkok, Hong Kong, Turkey.

Himalayan Assistance Nepal

At Himalayan Assistance Nepal, we understand the significance of reliable and comprehensive local health insurance coverage. With our deep understanding of the local market, extensive network of healthcare professionals, and commitment to excellence, we aim to become the leading provider of health insurance assistance services in Nepal.

Agni Equipment Private Limited

This company caters to the DIY and Professional Tools market segment. Headed by a Business Manager as the leader of this organization, it has dedicated Segment Managers, Sales Managers, Service Managers and Technicians. Products of Milwaukee, AEG and Husqvarna are managed by this company. (The company is a JV with Agni Group Nepal)

Investment NP Private Limited

This company has been created to invest as Angel Investors in start-ups in Nepal’s young entrepreneurial aspirations.

Investments in Public Placements

Sagarmatha Insurance

Sagarmatha Insurance Company Limited was incorporated in 1996 in joint venture with Ceylinco Insurance PLC Sri Lanka holding 20% equity share. Sagarmatha Insurance Co. Ltd has wide network expansions within its home country with total above 80 branches and additional extensions.

NCEC Group and its promotors hold promotor share in the insurance company. It was also one of the founder groups of this institution

SALICO

After the merger of Sagarmatha Insurance Company Ltd and Lumbini Genreal Insurance Company Ltd we have laid a solid brand foundation as "SALICO", Sagarmatha Lumbini General Insurance Company Ltd. SALICO is one of Nepal's leading non-life insurers with more than 100 branches all over Nepal. SALICO customers benefit from a broad range of personal and corporate insurance services, ranging from property, motor, marine, engineering, aviation insurance to agriculture and micro insurance.

National Life Insurance

National Life Insurance Company Limited (formerly known as National Life & General Insurance Co.Ltd.) was incorporated in 1988 A.D. under Nepal Company Act 1964 and the insurance Act 1968 of Nepal with prime objective to meet growing insurance requirements of the country. The Company’s Life Fund size is around Rs. 14 Billion. Its annual premium collection stands at around Rs. 1.5 Billion and the company has provided insurance cover to more than 350,000 people.

NCEC Group and its promotors hold promotor share in the insurance company

Kumari Bank

Kumari Bank Limited, came into existence as the fifteenth Class A commercial bank of Nepal by starting its banking operations from Chaitra 21, 2057 B.S (April 03, 2001) with an objective of providing competitive and modern banking services in the Nepalese financial market. The Bank has paid up capital of NPR 9.55 billion of which 51% is contributed from promoters and remaining from public.

NCEC Group and its promotors holds promotor shares in the bank.

NMB Bank

NMB Bank Limited licensed as “A” class financial institution by Nepal Rastra Bank in May 2008. The Bank has a Joint Venture Agreement with Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO). NMB Bank was awarded ‘Bank of the Year – 2017’ and ‘Bank of the Year 2018’ consecutively by The Banker, Financial Times, London.

NCEC Group and its promotors hold promotor share shares in the bank.