Four contracts in the last one month adds Rs 1306 crore to order book.
HCC has been awarded Rs 278-crore contract by the Public Works Department (PWD) of New Delhi This is the forth order within a month that has added Rs 1306 crore to the order book of HCC. Earlier, HCC has received two contracts from Ministry of Road Transport and Highway (MoRTH) worth Rs 848 crore and a contract from Himachal Pradesh Power Corporation Ltd (HPPCL) worth Rs Rs 179.90 crore. Besides, the company has lowest bids worth Rs 1470 crore for which the contracts are yet to be awarded.
Commenting on the new order, Mr. Arun Karambelkar, President & CEO, HCC Ltd said, “Majority of the orders that HCC has received in the last one month has come from transportation sector, reflecting thereby the renewed focus of the government on the speedy growth of infrastructure. We are also confident that more orders from other sectors too would start flowing in the coming months.”
The PWD contract involve building a flyover parallel to the existing single-carriageway on Rao Tula Ram Marg, a key south Delhi link to the airport, along with construction of an underpass at Benito Juarez Marg and a skywalk. This improvement is expected to decongest the stretch from IIT to the New Delhi airport. The new three-lane flyover will commence from the existing Munirka flyover and run parallel to the RTR flyover before descending near Niryat Bhawan. The length of the flyover will be 2.3 km.
In the transportation segment, HCC has a strong track record in construction of Roads, Highways, Bridges, Railways and MRTS (Mass Rapid Transport System). HCC has constructed over 3500 lane kilometres of roads and highways and over 350 bridges across the country. In the MRTS space, the company has executed the Kolkata and several underground sections of Delhi Metro. The company has constructed some of the landmark projects including, Pir Panjal Railway tunnel which is the longest transportation tunnel in India, the Delhi Faridabad Elevated Highway and the Bandra-Worli sea-link in Mumbai.