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HCC receives orders worth Rs 623 crore for hydro power tunnel

HCC the infrastructure firm has received two orders worth Rs 623 crore in the hydro power and tunneling sectors.

It has said in a BSE filing that “Hindustan Construction Company (HCC) has been awarded two contracts worth Rs 623 crore in the Hydro power and tunneling sectors.”

The first order by Tangsibji Hydro Energy of Bhutan worth Rs 456 crore is to construct 118 megawatt (MW) Nikachhu Hydropower project and it is to be completed in 48 months.

According to the company it is to be completed in 48 months.

The second order which is from Jammu and Kashmir State Power Development Corporation (JKSPDC) of worth Rs 167 crore is to construct a double lane tunnel of approximately 1,500 metre which will be the access road to Sawalkote Hydroelectric Power Project in J&K. This project is expected to completed in 30 months.

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