HCC bags orders worth Rs 635 cr

Infrastructure firm HCC has bagged two contracts worth Rs 634.79 crore in transportation and hydel segments.
"The first contract worth Rs 454.89 crore is from the Ministry of Road Transport and Highway (MoRTH) for four-laning of 50.5 km long Numaligarh to Jorhat section of NH-37 in Assam," the company said in a statement today.
The project is part of the Special Accelerated Road Development Programme for North Eastern Region (SARDP-NE) and includes rehabilitation, upgradation and augmentation of the existing carriageway, major and minor bridges, culverts, road intersections, interchanges and drains etc.
The second contract, the company said, is worth Rs 179.90 crore from Himachal Pradesh Power Corporation (HPPCL) for the balance works of Head Race Tunnel of 111 MW Sawra Kuddu Hydel Power Project in Shimla district of Himachal Pradesh.

"HCC has received three major orders totalling Rs 1,028 crore in last fortnight that includes two EPC orders from MoRTH and an order from HPPCL. Earlier, the company was awarded Rs 393 crore MoRTH contract for widening of 65.87 km section of NH-233, on the Indo-Nepal Border," said Arun Karambelkar, President & CEO, HCC.
Shares of HCC closed 0.20 per cent down at Rs 34.75 apiece on the BSE.