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HCC-VCCL JV bags contract worth Rs 489 crore from DMRC

07 Jan 2020 Evaluate

A joint venture (JV) of Hindustan Construction Company (HCC) and VCCL has received a contract worth Rs 489 crore from Delhi Metro Rail Corporation (DMRC) under Phase IV of the Delhi Metro project. HCC's share in the JV is 75% (i.e. Rs 367 crore). The work is expected to be completed in three years.

The contract is for design and construction of 2.03-km long twin tunnels on the Janakpuri West to R.K. Ashram corridor (Extension of Line 8) of Phase IV. The twin tunnels will be constructed using Shield Tunnel Boring Machines. The contract also includes the construction of an underground station, namely Krishna Park Extension.

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.

Peers
Company Name CMP
Larsen & Toubro 3881.50
Kalpataru Projects 1410.70
NCC 134.55
Rail Vikas Nigam 208.65
KEC International 396.90
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