Hindustan Construction Company’s arm completes 74% stake sale in Nirmal BOT

24 Dec 2015

Hindustan Construction Company’s subsidiary and the infrastructure development arm of the HCC Group -- HCC Concessions, has completed 74% stake sale of Nirmal BOT, its annuity project in Andhra Pradesh to Highway Concession One, an entity majorly held by IDFC Alternatives managed India Infrastructure Fund. Consequently, Nirmal BOT ceased to be a subsidiary of HCC Concessions and Hindustan Construction Company. 

HCC is a leader in engineering and construction space. The company has established a vast presence and gained recognition in the sectors of Hydro Power, Water Solutions, Transportation and Nuclear Power.

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