HCC-DBL JV wins Rs. 1,335 crore Rail Vikas Nigam order

Mumbai, August 19, 2020: Hindustan Construction Company Ltd. (HCC), in a joint venture with Dilip Buildcon Limited (DBL), has been awarded a Rs.1,335 crore contract by the Rail Vikas Nigam, for construction of tunnels, bridges and formation works under package–9 of the new broad gauge rail line between Rishikesh and Karanprayag in Uttarakhand. HCC share in the JV is 60% (i.e. Rs.801 crore).

This is an item rate contract for construction of 8.04 km long rail line involving 6.4 km long main tunnel and 6.3 km long escape tunnel, 2 major bridges and one minor bridge, 2.2 km long yard and a station at Karanprayag. The work is to be completed in 50 months.

Mr. Arjun Dhawan, Group Chief Executive Officer, HCC said, “This is our third order win this quarter. RVNL’s 125 km new broad gauge rail line between Rishikesh to Karnaprayag will boost tourism, trade and connectivity for pilgrims between the five districts of Uttarakhand, including Dehradun, Tehri Garhwal, Garhwal, Rudraprayag and Chamoli.

It comprises of 17 tunnels, 16 Major Railway bridges and 12 new stations. The rail line will connect to the new trade centres and will pass through many famous places connecting Devprayag, Srinagar, Rudraprayag, Gauchar, Karnprayag, Dehradun, Tehri Garhwal, Pauri Garhwal, Rudraprayag and Chamoli.

About HCC:

HCC is a business group of global scale developing and building responsible infrastructure through next practices. With an engineering heritage of nearly 100 years, HCC has executed a majority of India's landmark infrastructure projects, having constructed 27% of India's Hydro Power generation and 60% of India's Nuclear Power generation capacities, over 3,960 lane km of Expressways and Highways, more than 360 km of complex Tunnelling and 383 Bridges. Today, HCC Ltd. serves the infrastructure sectors of Transportation, Power and Water. The HCC Group, with a group turnover of Rs.9,437 crore, comprises of HCC Ltd., HCC Infrastructure Co. Ltd., and Steiner AG in Switzerland.

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