HCC-VCCL JV bags Rs 489-cr order from DMRC

Image
Press Trust of India New Delhi
Last Updated : Jan 07 2020 | 5:15 PM IST

A joint venture of Hindustan Construction Co Ltd (HCC) and VCCL has bagged an order worth Rs 489 crore from Delhi Metro Rail Corporation Ltd (DMRC), the engineering firm said on Tuesday.

"A joint venture of HCC and VCCL received a contract worth Rs 489 crore from...DMRC under Phase IV of the Delhi Metro project," the company said in a statement.

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 statement said.

HCC's share in the JV is 75 per cent, the statement said, adding that the work is expected to be completed in three years.

"HCC completed the 1.54-km long CC66 package of DMRC on Dwarka-Najafgarh Corridor in October 2019," it said.

It was the sixth DMRC contract successfully completed by the company.

HCC has been a leading participant in all three prior phases of Delhi Metro project.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 07 2020 | 5:15 PM IST

Next Story