You are here: Home » PTI Stories » National » News
Business Standard

HCC JV bags Rs 497-cr order for Pune Metro

Press Trust of India  |  New Delhi 

Company (HCC) today said its joint venture firm has bagged a contract worth Rs 497 crore for Metro.

The contract is for construction of nine elevated metro stations. The total length of Metro-phase 1 is 32 km.

"Company, a lead partner in the joint venture with AL FARA'A, has been awarded Rs 497.09 crore contract by the Metro Rail Corporation Ltd for Metro Rail Project," HCC said in a filing.

HCC's share in the JV is 51 per cent (Rs 253.5 crore). The project is to be completed in 110 weeks.

HCC stock was trading 3.30 per cent lower at Rs 38.10 apiece on in morning trade today.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 03 2017. 11:02 IST