JV led by HCC wins DMRC contract worth Rs 489 cr

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Capital Market
Last Updated : Jan 07 2020 | 4:16 PM IST
A joint venture of Hindustan Construction Company and VCCL has received a contract worth Rs.489 crore from Delhi Metro Rail Corporation under Phase IV of the Delhi Metro project. HCC's share in the JV is 75% (i.e. Rs.367 crore). The work is expected to be completed in three years.

The contract is for design and construction of 2.03-km long twin tunnels on the Janakpuri West to R.K. Ashram corridor (Extension of Line 8) of Phase IV. The twin tunnels will be constructed using Shield Tunnel Boring Machines. The contract also includes the construction of an underground station, namely Krishna Park Extension.

HCC completed the 1.54-km long CC66 package of DMRC on Dwarka-Najafgarh Corridor in October 2019. This was the sixth DMRC contract successfully completed by the company. HCC has been a leading participant in all three prior phases of the Delhi Metro project.

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First Published: Jan 07 2020 | 3:57 PM IST

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