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File photo. The HCC contract is for the construction of a 6.34-km-long elevated corridor and five elevated stations between HSR Layout station and RV Road Station. Photo: Aniruddha Chowdhury/Mint
File photo. The HCC contract is for the construction of a 6.34-km-long elevated corridor and five elevated stations between HSR Layout station and RV Road Station. Photo: Aniruddha Chowdhury/Mint

Hindustan Construction Company JV bags Rs797 crore order from Bangalore Metro

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.

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