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26 April, 2024 19:48 IST
HCC bags MoRTH contract worth Rs 3.92 bn
Source: IRIS | 31 Mar, 2015, 03.16PM
Rating: NAN / 5 stars.
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Hindustan Construction Company (HCC), one of the India's leading infrastructure companies, has been awarded contract worth Rs 3.92 billion from the ministry of road transport and highway (MoRTH) for 4-laning of 26km long road on NH52 between Jamugurihat to Biswanath Chariali by-pass in Assam. The project will be completed in 36 months.

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, drains, etc.

In addition to this, HCC is lowest bidder in contracts worth Rs 43.41 billion in various segments for which the final orders are yet to be received. The order-book position as of December 2014 stands at Rs 143.07 billion.

Shares of the company gained Rs 1.8, or 5.8%, to trade at Rs 32.85. The total volume of shares traded was 2,031,708 at the BSE (3.10 p.m., Tuesday).



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