HCC bags order worth Rs. 278 cr.

HCC has been awarded a Rs. 278-crore contract by the Public Works Department (PWD) of New Delhi.

The company said that the order involves building a 2.3-km flyover parallel to the existing single-carriageway on Rao Tula Ram Marg, a key south Delhi link to the airport, along with the construction of an underpass at Benito Juarez Marg and a skywalk.

The new three-lane flyover will commence from the existing Munirka flyover and run parallel to the RTR flyover before descending near Niryat Bhawan.

HCC said this is the fourth order within a month that has added Rs. 1,306 crore to its order book. It has received two contracts from the Ministry of Road Transport and Highways worth Rs. 848 crore and a contract from Himachal Pradesh Power Corporation worth Rs. 179.90 crore.

Besides, the company has lowest bids worth Rs. 1,470 crore for which the contracts are yet to be awarded.

Arun Karambelkar, President & CEO, HCC, said: 'Majority of the orders that HCC has received in the last one month come from the transportation sector, reflecting the renewed focus of the government on speedy growth of infrastructure.'


HBL