HCC secures ₹901 crore railway tunnel project
pre-market1 source ↓written by the desknot a recommendation
- contract
- ₹901 crore
- in the joint
- 65% stake
- main tunnel
- 3.5-kilometre
Hindustan Construction Company Limited (HCC) has won a ₹901 crore contract from the Northeast Frontier Railway for the construction of New Tunnel-28 on the Tupul–Imphal railway line. HCC holds a 65% stake in the joint venture with VCCL, focusing on a 3.5-kilometre main tunnel and associated systems.
This project underscores India's commitment to railway infrastructure expansion, potentially boosting HCC's order book and market position in the infrastructure sector.
Not investment advice. For informational purposes only.