HCC
That first movers don’t always have an advantage is something Lavasa Corp has painfully discovered. The company, a subsidiary of Ajit Gulabchand’s Hindustan Construction Company, had announced plans to build a smart city, arguably India’s first, over a decade ago. Lavasa, about 60 km from Pune, was planned as an integrated hill city, where residents [...] Continue Reading »
The Delhi Metro Rail Corporation (DMRC) has been approached by Sistema Shyam Teleservices (SSTL) – which operates under MTS brand – for providing free Wi-Fi Internet service to the Metro commuters. SSTL has earlier provided its Wi-Fi Internet service for the commuters of Rapid Metro Rail trains. The move – resulting from a partnership between [...] Continue Reading »
The Hindustan Construction Company (HCC) is wishing to get around Rs 2,000 crore by raising the amount in the coming 2 to 3 years as stated by CFO Praveen Sood. According to him the company is planning to raise this amount by Lavasa IPO, asset monetization and the QIP. The Mumbai based company has reported [...] Continue Reading »
The Delhi Metro Rail Corporation Ltd (DMRC) has awarded the Hindustan Construction Company (HCC) Ltd, a Rs 300 crore contract. This is the third time that the company has received contract from DMRC for the underground metro since October 2012 under the phase III development of Delhi Metro. The contract is primarily for the design [...] Continue Reading »
Larsen and Toubro has bagged a contract to build a new four-lane bridge across Narmada river at Zadeshwar about 90 km away from Vadodra. The National Highway Authority of India (NHAI) awarded the contract after Hindustan construction company (HCC) failed to abide by the tender condition. NHAI estimates the project to be completed within 30 [...] Continue Reading »
Hindustan Construction Company (HCC) has received orders worth Rs 725 crore to execute projects in road construction, water, nuclear and industrial segments. The largest of the chunk is an order worth Rs 433 crore from Bihar Rajya Pul Nirman Nigam to build a 2.9 km bridge in Bihar over the Sone River connecting Daudnagar and [...] Continue Reading »
Hyderabad – As the construction of Hyderabad metro is gaining pace, a demand propped up by the Heritage Conservation Committee (HCC) to construct the metro underground in some selected stretches so that no heritage sites of Hyderabad get affected. This request of letter was sent by HCC chairman and former Union environment secretary to Chief [...] Continue Reading »
