HCC gets LOI from Lanco infratech

Mumbai: Hindustan Construction Company (HCC) has said it has received a Letter of Intent from Lanco Infratech, Gurgaon, Haryana, for execution of all civil works of power house, surge shafts, pressure shafts, switchyard and tail race tunnels near Subin Khore for the Teesta Hydroelectric Project, Stage VI (4x125 MW), Sikkim. The value of the contract is Rs 303.03 crore.