lnfrastructure major, Hindustan Construction Company (HCC), in the joint venture with MAX Group, a leading construction company in Bangladesh has been awarded USD 110 million (Rs 7.37 billion) contract by Russia's State Nuclear Company, JSC Atomstroyexport, for civil works of Turbine Island for Unit 1 of Rooppur Nuclear Power Plant. MAX Group is. HCC's share in the JV is 40% (USD 44 million 1 Rs 2.95 billion).

The Rooppur Nuclear Power Plant 190 km northwest of Dhaka will be built with Russian technology and is equipped with two WER Reactors of 1200 MW each. These reactors are similar to the Kudankulam Nuclear Power Plant in Tamil Nadu.
 
Arjun Dhawan, Director and Group CEO, HCC said, "HCC has become the first Indian company to participate in the international civil nuclear market. We are confident of delivering this job on time with precision in quality, safety, and state-of-the-art technology. We look forward to further project awards in Rooppur NPP and expanding our infrastructure footprint in Bangladesh."

Recently, lndia signed an agreement with Bangladesh for civil nuclear cooperation, under which lndia has extended expertise and project support for Bangladesh's first nuclear power plant. lndia not being a member of Nuclear Suppliers Group (NSG) cannot participate directly in the construction of atomic power reactors. But lndian companies can be involved in construction and installation works and in the supply of equipment of non-critical category. HCC is the only Indian company which has successfully constructed the nuclear power project with Russian WER type Light Water nuclear reactors.

HCC has constructed 65% of the country's installed nuclear power capacity. 15 out of 24 nuclear reactors in lndia are built by HCC. India's largest light water reactors built at Kudankulam nuclear power plant was built by HCC in 2010. HCC is currently engaged in the construction of the first phase of Integrated Nuclear Recycle Plant of BARC in Tarapur, Fast Reactor Fuel Cycle Facility (FRFCF) in Kalpakkam and Units 7 & 8 (2x700 MW) PWHR at Rawatbhata, Kota, Rajasthan.

Shares of the company gained Rs 0.57, or 4.05%, to trade at Rs 14.66. The total volume of shares traded was 759,422 at the BSE (12.43 p.m., Wednesday).