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HCC-HSEPL JV wins Rs 673 crore order in Rajasthan

HCC-HSEPL JV wins Rs 673 crore order in Rajasthan

HCC, as a lead partner in the joint venture with HSEPL has been awarded Rs 672.99 crore contract on EPC basis for the construction of Parwan Gravity Dam by the Water Resources Department, Government of Rajasthan. HCCÂ’s share in the JV is 90% (Rs 605.70 crore).

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Land acquisition and MOEF clearances have held up projects

Land acquisition and MOEF clearances have held up projects

Roads and highways sector has observed a significant growth over the past few years compared to the other heavy civil engineering sectors such as power and water. The growth has come, especially in the EPC mode of the business, whereas PPP and annuity based projects have also witnessed a few bids.

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Infra-Landmarks: Few and far between

Infra-Landmarks: Few and far between

The past 12 months have not belonged to infrastructure flag-offs. As the economy turned south in 2008-09, not as many infra projects as targeted were awarded, especially those in road, rail, port and energy; in most cases, the targets themselves took a heavy beating.