MoneyWorks4Me

Hindustan Construction Company informs about Press Release

21 Jul 2015 Evaluate

Hindustan Construction Company has informed that Hindustan Construction (HCC) in joint venture with Coastal Projects (CPL) has been awarded a Letter of Acceptance for construction of 9.5 km tunnel in between Tupul-lmphal for New Railway Line Project from Jiribam-Tupul from North East Frontier Railway, Guwahati. The value of the contract is Rs 785 Crore. The Company’s share in the total value of the contract is 60% i.e. Rs 471 Crore. The project will be completed in 40 months. In this regard, the Company has issued a copy of Press Release dated July 21, 2015, titled ‘HCC - Coastal JV awarded Rs 785 Crore contract’.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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