NAC Infrastructure Equipment Limited (NACIEL) was incorporated in
October, 2003 and has participation from
Indian Infrastructure Equipment Limited (50%),
L&T Finance Limited (30%), Nagarjuna
Construction Company Limited (10%) and
National Academy of Construction (10%).
NACIEL provides high-value, multi-purpose, specialized and
general purpose infrastructure equipment on
rent along with value added services such as
trained operators and on-site repairs and
maintenance.
The Company has promoted the concept of an infrastructure
equipment bank i.e. it entertains deposit of
idle equipment from various sources, deploys
them effectively and provides returns thereon
to the equipment owners on their idle assets.
In addition, the Company
also provides value added services like advice
on equipment suitable for contractor’s
requirement for a specific job and on rental
and alternative options, bid support in the
form of guaranteed access to sophisticated
equipment and supply of genuine spares and
supplies for the equipment.