Hindustan Construction Company (HCC) is in pact to get Rs 250 crore Hong Kong fund for lavasa. The Hong Kong fund would provide structured equity for lavasa township project. Further, banks have decided to restructure long term debt of Rs 3,300 core of the company, which has claims worth Rs 600 crore pending from Mumbai sea link project. Banks have agreed to provide additional working capital to the company which has dues worth Rs 5,600 crore from various agencies.
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.
