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Our Bureau

Mumbai, Sept. 25

Hindustan Construction Co Ltd (HCC) has bagged two contracts from National Hydroelectric Power Corporation Ltd worth Rs 794 crore in Jammu and Kashmir. While one is the Chutak hydroelectric project for Rs 410.54 crore, the other is the Nimo Bazgo hydel project for Rs 383.90 crore.

The 44 MW Chutak project is located in Kargil district of Jammu and Kashmir on River Suru, a tributary of Indus.

The project, which is scheduled for completion in 50 months, involves a 47.5 km long barrage with two intake tunnels and an underground powerhouse. The other project is located near Leh and is scheduled for completion within 45 months. With these orders, HCC has bagged six hydro-electric projects within 12 months, including those in Himachal Pradesh and West Bengal.

The company's order book currently stands at Rs 10,000 crore, out of which 45 per cent is from the power sector, 40 per cent from the transportation sector and 12 per cent from water and environment projects.

More Stories on : New Business | Infrastructure | Power

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