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HCC gets Rs 635 crore worth contract from NTPC in Uttarakhand

Hindustan Construction Company Ltd (HCC) said that it has got a contract worth Rs 635 crore from NTPC in Uttarakhand.

It said in a statement that “HCC has been awarded Rs 635 crore contract by NTPC to construct Head Race Tunnel (HRT) for Tapovan Vishnugad Hydroelectric Power Project on the River Dhauliganga in Chamoli District of Uttarakhand.”

“This is an item rate contract involving salvaging of Double Shield Tunnel Boring Machine stuck in the earlier operation by other contractor, refurbishing and putting it in operation to construct 2.84-km long HRT, installation of segmental lining,” it said.

The project will be completed in 34 months.

Read EquityPandit’s Nifty Energy Outlook for this week

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