HCC secures ₹901 crore tunnel contract for Imphal rail line
after close1 source ↓written by the desknot a recommendation
- contract from Northeast
- ₹901 crore
- on the Tupul–Imphal
- 3.5 km tunnel
- in the joint
- 65% stake
- which now exceeds
- ₹13,152 crore
Hindustan Construction Company Ltd (HCC), in partnership with Vensar Constructions Company Ltd (VCCL), has won a ₹901 crore contract from Northeast Frontier Railway to construct a 3.5 km tunnel on the Tupul–Imphal rail line. HCC holds a 65% stake in the joint venture, enhancing its transport-heavy order book, which now exceeds ₹13,152 crore.
This contract is significant for HCC as it strengthens its position in the infrastructure sector, potentially boosting investor sentiment and market performance.
Not investment advice. For informational purposes only.