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HCC- TPL JV bags contract worth Rs 2,470 crore from Tata Power

20 Mar 2025 Evaluate

Hindustan Construction Company (HCC) and Tata Projects (TPL) in a 50:50 Joint Venture have bagged contract worth Rs 2,470 crore from Tata Power Company for construction of Bhivpuri Off-Stream Open-Loop Pumped Storage Project (PSP) 1000 MW (2x333 MW + 2x167 MW) located at Karjat, Maharashtra.

The scope of work includes Civil and H&M components of the project i.e. Coffer Dam, Intake Structure including gates & screen at the existing upper reservoir of Thokerwadi, Head Race Tunnels, Penstock, Surge Shaft, Pressure Shaft, Powerhouse, Tail Race Tunnel, Lower Intake Structures including gate & screens, a new lower reservoir with GFRD Dam, adits, roads & drains, various BOP foundation and building structures. The scope will also include other appurtenant works required for completion of the project consisting of infrastructure works along with review and interface of electro-mechanical works.

HCC has served the nation in the development of nearly 26% of installed hydropower capacity and is currently executing five hydroelectric power projects, including the 1000 MW Tehri Pumped Storage System in Uttarakhand. This latest win by HCC further cements its position as a leading partner in the development of hydropower projects for the country. 

Hindustan Construction Company 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.

HCC Share Price

27.02 -0.33 (-1.21%)
19-Jun-2026 16:59 View Price Chart
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