HCC wins Rs 300 crore DMRC Contract

Infrastructure major Hindustan Construction Company (HCC) today said it has won a Rs 300 crore contract from Delhi Metro Rail Corporation Ltd (DMRC) for design and construction of twin tunnel on Dwarka corridor.

This is the third contract for underground metro received by HCC since October 2012 under the phase III development of Delhi Metro aggregating to Rs 1,539 crore.

"The contract is for design and construction of 1.54 km long twin tunnel on Dwarka-Najafgarh metro corridor of phase III of Delhi Metro," the company said in a statement.

The twin tunnels will be constructed using Shield Tunnel Boring Machine.

The contract also includes construction of one of the biggest underground station namely Municipal Corporation which is 290 meters long and 30 meters in width.

The station will be built at depth of 18 meters. The work will be completed in 36 months.

Prior to this order, the company has received two contracts under the Phase III of Metro development for package CC30 on the Mukundpur- Yamuna Vihar corridor in October 2012 and package CC34 on Janakpuri West-Kalindi Kunj Corridor in February 2013.

The company has already deployed 5 Tunnel Boring Machines for these two packages.

The shares of the company closed at Rs 18.05 apiece, down 3.99 per cent on the BSE from the previous close.