HCC secures ₹2,566 Crore contracts for Patna Metro Project
The contracts are substantial in value (₹2,566 Crore) and contribute to a major infrastructure project, suggesting a high impact on HCC's revenue and market position.
The announcement details significant new contract wins for HCC, indicating positive business development.
* HCC has been awarded two contracts by Patna Metro Rail Corporation Limited (PMRCL) for the Patna Metro Rail Project. * The contracts are valued at approximately ₹1,418.3 crore and ₹1,147.51 crore respectively, totaling ₹2,566 Crore. * The project involves constructing 10.67 km of underground tunnels using Tunnel Boring Machines (TBM) and six metro stations under Phase I. * Package PC-05 includes twin tunnels, a cut-and-cover tunnel, an underground ramp at Mithapur, and three metro stations: Vikas Bhawan, Vidyut Bhawan and Patna Station. * Package PC-06 includes an underground ramp at Rukanpura and three metro stations: Rukanpura, Raja Bazar and Patna Zoo. * Both packages include architectural finishing, water supply, sanitary, and drainage works for stations along the Danapur-Khemnichak Corridor. * HCC is currently executing works on Mumbai Metro Line III, Indore Metro Phase-1 and Chennai Metro.
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Hindustan Construction Company Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Hindustan Construction Company Limited. Read the original for the full detail.