Hindustan Construction Company JV bags Rs797 crore order from Bangalore Metro1 min read . Updated: 03 Jul 2017, 01:27 PM IST
Hindustan Construction Company (HCC) says its joint venture firm has bagged a contract worth Rs797 crore from Bangalore Metro Rail Corporation
New Delhi: Hindustan Construction Company (HCC) on Monday said its joint venture (JV) firm has bagged a contract worth Rs797 crore from Bangalore Metro Rail Corporation.
“Hindustan Construction Company, a lead partner in the joint venture with URC Construction, has been awarded Rs797.29 crore contract by the Bangalore Metro Rail Corporation Ltd," HCC said in a BSE filing.
The contract is for the construction of a 6.340-km-long elevated corridor and five elevated stations between HSR Layout station and RV Road Station.
HCC’s share in the JV is 51% (Rs406.61 crore). The project is to be completed in 36 months. HCC stock was trading 3.72% higher at Rs40.45 on the BSE.