HCC joint venture secures ₹1,662 crore BMC contract
after close1 source ↓written by the desknot a recommendation
- contract
- ₹1,662.27 crore
- and extensive roadworks
- 1,330-metre flyover
Hindustan Construction Company (HCC) announced that its joint venture, Aakshya-HCC, has secured a ₹1,662.27 crore contract from the Brihanmumbai Municipal Corporation for Phase IV of the Goregaon-Mulund Link Road project. This initiative aims to enhance east-west connectivity in Mumbai, involving the construction of a 1,330-metre flyover and extensive roadworks.
This contract is significant for HCC, potentially boosting its order book and improving market sentiment for infrastructure stocks in the region.
Not investment advice. For informational purposes only.