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Hindustan Construction Company secures two contracts

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Capital Market

Worth Rs 623 crore

Hindustan Construction Company has been awarded two contract worth Rs 623 crore in the hydro sector and tunneling sector. The first order is of Rs 456 crore from the Tangsibji Hydro Energy of Bhutan while the second order is of Rs 167 crore from JKSPDC. With these orders, the Company's order intake in FY 2015-16 has reached Rs 5778 crore. Besides the Company is the lowest bidder in 4 projects worth Rs 3677 crore. The combined order backlog is likely to cross Rs 21000 crore in FY 2015-16.

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First Published: Mar 28 2016 | 11:07 AM IST

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