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Sohrab Shaikh (SEBI RA)

24th Apr · SEBI-Registered Analyst

HCC secures contract worth Rs 2917.60 crore from CIDCO in JV

Hindustan Construction Company (HCC) has secured an infrastructure contract valued at around Rs 2917.60 crore from City and Industrial Development Corporation of Maharashtra (CIDCO) for the construction of a 22.21 km raw water tunnel and a 250 MLD water treatment plant in Raigad. The project has been awarded to the LCESPL-HCC Joint Venture (JV), in which HCC is responsible for executing works worth around Rs 1100 crore. The project involves the design and construction of a 22.21 km long raw water tunnel using Tunnel Boring Machine (TBM) technology, conveying water from Kondhane Dam at Village Chochi in Karjat to a proposed 250 MLD Water Treatment Plant (WTP) at Village Mohope in Panvel.

HCC

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