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HCC secures contract worth Rs 2917.60 crore from CIDCO in JV

24 Apr 2026 Evaluate

Hindustan Construction Company (HCC) has secured an infrastructure contract valued at around Rs 2917.60 crore from City and Industrial Development Corporation of Maharashtra (CIDCO) for the construction of a 22.21 km raw water tunnel and a 250 MLD water treatment plant in Raigad. The project has been awarded to the LCESPL-HCC Joint Venture (JV), in which HCC is responsible for executing works worth around Rs 1100 crore.

The project involves the design and construction of a 22.21 km long raw water tunnel using Tunnel Boring Machine (TBM) technology, conveying water from Kondhane Dam at Village Chochi in Karjat to a proposed 250 MLD Water Treatment Plant (WTP) at Village Mohope in Panvel.

The scope of work also includes the design, build, supply, erection, testing and commissioning of the water treatment plant, along with 15 years of comprehensive operation and maintenance under a Design, Build and Operate (DBO) contract model. This project forms a key part of CIDCO's strategy to strengthen long-term water supply infrastructure for the rapidly developing nodes of Navi Mumbai and surrounding areas, ensuring reliable and sustainable water availability for urban and industrial growth in the region.

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

20.07 -0.53 (-2.57%)
24-Apr-2026 16:59 View Price Chart
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