HCC bags orders worth Rs983 cr

HCC bags orders worth Rs983 cr

Mumbai: Infrastructure firm Hindustan Construction Company Ltd (HCC) today said it has received three orders in transportation and water sector worth Rs983 crore.

HCC has got a Rs256-crore order from Delhi Metro Rail Corporation (DMRC) and two projects from the Bombay Municipal Corporation (BMC) worth Rs727 crore, the firm said in a communique to the Bombay Stock Exchange.

The DMRC order would include construction of two underground stations and a tunnel between New Delhi and Talkatora Garden stations, under the BMC order, the company would construct a water tunnel, HCC said.

Also, the HCC Real Estate Ltd, a 100% subsidiary of the company, is erecting an IT park at Vikorli, Mumbai over 1.9 million square feet. The park is expected to be completed by December 2008.

Besides, it has plans to develop over 1,500 acres of land for various projects, the company informed.

Shares of the company were last trading 1.92% up at Rs202 at the BSE.