HCC awarded two contracts for work at hydro projects in Bhutan, India

Two contracts for HCC

Hindustan Construction Company Ltd. (HCC) has been awarded two contracts for work at hydro projects in Bhutan and India.

The first contract, valued at INR4.56 billion (US$68.5 million), is for EPC work at the 118-MW Nikachhu project. Nikachhu is on the Nikachhu River in Trongsa district. Work on this project, owned by Tangsibji Hydro Energy Ltd. of Bhutan, is to be completed in 48 months.

Other hydro projects HCC is working on -- all in Bhutan -- are 60-MW Kiruchu, 1,020-MW Tala, 126-MW Dagachhu and 1,200-MW Punatsangchhu-I.

The second contract, valued at INR1.67 billion (US$25.1 million) is to build a double-lane tunnel that will serve as the access road for the 1,856-MW Sawalkote hydropower project. Sawalkote is on the Chenab River in Jammu & Kashmir State, India. Work on this project, being developed by JKSPDC, India, is to be completed in 30 months.

According to a press release, the company’s order intake in fiscal year 2015-2016 has reached INR57.78 billion (US$867.8 million).

HCC serves the infrastructure sectors of transportation, power and water and has constructed more than 28% of India’s hydropower generation, according to a press release.

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