HCC wins order worth Rs 276 crore
Hindustan Construction Company (HCC), India's leading engineering and infrastructure development company, has won an order worth Rs 276.44 crore for the construction of a hydel project in Arunanchal Pradesh.
The company received the latest contract from the North Eastern Electric Power Corporation (NEEPCO) for constructing the Pare Hydel Power project in Pampumpare district.
Under the arrangement, HCC would be responsible for construction of a concrete gravity dam, spillway, coffer dam, diversion tunnel among a host of other construction related works. The project is schedule to complete in 36 months.
The shares of the company closed today at Rs 106, down 4 per cent compared to its previous close.