Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Hindustan Construction Co. Ltd. Capital/Financing Update 2020

Aug 19, 2020

61640_rns_2020-08-19_a11b6d10-f2f1-4aad-bf97-2d475f6c5ef1.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

19 August 2020

BSE Limited,IThe Corporate Relationship Dept,st Floor, Phiroze Jeejeebhoy Towers,Dalal Street, Mumbai-400 001 National Stock Exchange of India Ltd,Exchange Plaza,Bandra-Kurla Complex, Bandra (East),Mumbai - 400 051.
------------------------------------------------------------------------------------------------------------------------------- -----------------------------------------------------------------------------------------------------------------------

Dear Sir,

Sub.: HCC-DBL JV wins Rs. 1,335 crore Rail Vikas Nigam order

We are enclosing herewith a copy of Press Release that is being issued by the Company today in connection with the above.

We request you to take note of the same.

Thanking you,

Construction Co. Ltd

Vithal Company Secretary

Encl: As above

Mdustm Cenmw4km Co LM

Hlncon House. LBS Marg, lkhnrll IWmI, Mumbai - 400 083, **lnda** TBI : +91 22 2575 1000 Fax : +91 22 2577 7568 CIN ' L45200MH1926PLC001228

Press Release

HCC-DBL JV wins Rs. 1,335 crore Rail Vikas Nigam order

Mumbai, August 19, 2020: Hindustan Construction Company Ltd. (HCC), in a joint venture with Dilip Buildcon Limited (DBL), has been awarded a Rs.1,335 crore contract by the Rail Vikas Nigam, for construction of tunnels, bridges and formation works under package-9 of the new broad gauge rail line between Rishikesh and Karanprayag in Uttarakhand. HCC share in the JV is 60% (i.e. Rs.801 crore).

This is an item rate contract for construction of 8.04 km long rail line involving 6.4 km long main tunnel and 6.3 km long escape tunnel, 2 major bridges and one minor bridge, 2.2 km long yard and a station at Karanprayag. The work is to be completed in 50 months.

Mr. Arjun Dhawan, Group Chief Executive Officer, HCC said, "This is our third order win this quarter. RVNL's 125 km new broad gauge rail line between Rishikesh to Karnaprayag will boost tourism, trade and connectivity for pilgrims between the five districts of Uttarakhand, including Dehradun, Tehri Garhwal, Garhwal, Rudraprayag and Chamoli."

It comprises of 17 tunnels, 16 Major Railway bridges and 12 new stations. The rail line will connect to the new trade centres and will pass through many famous places connecting Devprayag, Srinagar, Rudraprayag, Gauchar, Karnprayag, Dehradun, Tehri Garhwal, Pauri Garhwal, Rudraprayag and Chamoli.

About HCC:

HCC is a business group of global scale developing and building responsible infrastructure through next practices. With an engineering heritage of nearly 100 years, HCC has executed a majority of India's landmark infrastructure projects, having constructed 27% of lndia's Hydro Power generation and 60% of lndia's Nuclear Power generation capacities, over 3,960 lane km of Expressways and Highways, more than 360 km of complex Tunnelling and 383 Bridges. Today, HCC Ltd. serves the infrastructure sectors of Transportation, Power and Water. The HCC Group, with a group turnover of Rs.9,437 crore, comprises of HCC Ltd., HCC Infrastructure Co. Ltd., and Steiner AG in Switzerland.

For further information:

/ Sandeep Sawant Hindustan Construction Company Ltd . +91 22 2575 1000, Mobile: +91 98339 92874 Email: sandee~[email protected]