Hindustan Construction Company (HCC) bags order worth Rs 660 crores

by khalid on 25/09/2010 · 0 comments

Hindustan Construction Company Limited (HCC) is a construction company having specialization in large-scale civil engineering, and developing construction technologies. The company has informed the market(BSE) that it has bagged an order from GMR (Badrinath) Hydro Power Generation Pvt. Ltd. The order is awarded in two lots and is valued at Rs 660 crore. The first lot i.e. Lot-2 involves Main Civil Works Package for Coffer Dams, Diversion Channel, Barrage, Power Intake, Desanding System & Part HRT. The value of this contract is Rs 272.84 crore and will be completed in 52 months from the date of issue of notice to proceed. The second lot i.e. Lot-3 involves Main Civil Works Package for MAT, Powerhouse Complex, Surge Shaft, Pressure Shaft, Pothead Yard, TRT and Part HRT. The value of this contract is Rs 387.16 crore and will be completed in 54 months from the date of issue of notice to proceed.

The value of this order is Rs 660 crore and has to be completed in 52 months from the work allotment date.

Share’s Data :-
BSE Code : 500185
Mkt. Cap: 3,651.13 Crore
Hindustan Construction Co. Ltd share’s CMP is Rs 60.20 on 24th Sep 2010.

HCC has successfully constructed over 25 per cent of India’s hydel power generation capacity, including several projects in the challenging Himalayan region. HCC has constructed the Head Race Tunnel & Surge Shaft for India’s largest commissioned power generation project, the Nathpa Jhakri Hydro Electric Project (1500MW), and the Underground Powerhouse & Tunnel for the Chamera Hydro Electric Power Project, Stage I. HCC is currently executing fourteen hydro-electric power projects, including four in Jammu & Kashmir, three in Himachal Pradesh, two in Bhutan and one each in Uttarakhand, Sikkim, West Bengal, Arunachal Pradesh and Maharashtra.

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