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Our Bureau

Hyderabad, May 15

HCC, the Mumbai-based infrastructure development company, has bagged the Rs 735.21-crore irrigation tunnel work of the Pula Subbaiah Veligonda Project in Andhra Pradesh.

The company formed a joint venture with Coastal Projects Pvt Ltd to bid for the project floated by the Andhra Pradesh Irrigation Department, a HCC press release said here. HCC's share in the project was put at Rs 441.13 crore or 60 per cent of the size of the order.

The joint venture would design, execute and construct 18.8-km long tunnel with an internal diameter of 9.2 metres for the water transmission system linking Srisailam reservoir up to Guntur-Kurnool road to join into the feeder canal. The work also envisaged operation and maintenance of the tunnel for two years after the commissioning. The project would be completed in five years. "At present, HCC is executing three major projects in Andhra Pradesh," the release said.

More Stories on : New Business | Real Estate & Construction | Andhra Pradesh

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