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HCC secures Rs 672.99 crore contract in JV with HSEPL

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Capital Market

For construction of Parwan Gravity Dam in Rajasthan

Hindustan Construction Company as a lead partner in the joint venture with HSEPL has been awarded Rs 672.99 crore contract on EPC basis for the construction of Parwan Gravity Dam by the Water Resources Department, Government of Rajasthan. HCC's share in the JV is 90% (Rs 605.70 crore).

The project envisages construction of a concrete gravity dam and 8.475 km long tunnel for irrigation and water supply purpose involving civil, hydro-mechanical and electrical works on EPC basis. A 21 km long access road will be also constructed to the project site. The project is to be completed in 48 months.

 

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First Published: May 22 2017 | 2:05 PM IST

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