The National Institute of Technology, Raipur was established as "Government College of Engineering and Technology" in Raipur (Chhattisgarh) on 1956-09-14. The construction work was completed in 1962 and inauguration was done on 1963-03-14 by India's first Prime Minister Pandit Jawaharlal Nehru. The first session of the college had commenced from 1956-07-01.National Institute of Technology Raipur is a Technical Institution of national importance set up by an Act of parliament(Act 29 of 2007) namely, the National Institute of technology Act 2007, which received the assent of the President of India on 5th June,2007. The provision of the Act have come into force with effect from 15th August,2007 as per Notification S.O.1384(E) dated 9th August, 2007 of the MHRD(Dept. of Higher Education),New Delhi.
As per the provision of the said Act, this Institution runs on non profitable basis.