HCC ltd bags more orders in the challenging himalayan terrain
Infrastructure firm HCC has bagged two orders worth Rs 623 crore in the hydro power and tunneling sectors.
The first order worth Rs 456 crore, by Tangsibji Hydro Energy of Bhutan, is for constructing 118MW Nikachhu Hydropower project and it is to be completed in 48 months. This is the company’s fifth order in Bhutan.
The second order of Rs 167 crore from Jammu and Kashmir State Power Development Corporation (JKSPDC) is for constructing a double lane tunnel of approximately 1,500m which will be the access road to Sawalkote Hydroelectric Power Project in J&K. This project is expected to completed in 30 months.
HCC President and CEO Arun Karambelkar said: “The two order win reflects the confidence in our capability to execute projects in challenging terrain.”
Last month, the company was awarded a Rs 635 crore contract by NTPC to construct Head Race Tunnel for Tapovan Vishnugad hydro-electric power project on the river Dhauliganga in Chamoli district of Uttarakhans. The project is to be completed in 34 months. This is an item rate contract involving salvaging of Double Shield Tunnel Boring Machine (TBM) stuck in the earlier operation by other contractor, refurbishing and putting it in operation to construct 2.84km long HRT, installation of segmental lining.