HCC bags order worth Rs 278 crore

NEW DELHI: Engineering firm Hindustan Construction Company (HCC) has secured a Rs 278-crore contract from the Public Works Department (PWD) of New Delhi.

The order involves building a 2.3-km flyover parallel to the existing single-carriageway on Rao Tula Ram Marg, a key south Delhi link to the airport, along with construction of an underpass at Benito Juarez Marg and a skywalk, the company said in a statement today.

The new three-lane flyover will commence from the existing Munirka flyover and run parallel to the RTR flyover before descending near Niryat Bhawan, it said.

This is the fourth order bagged by the firm in a month with the total order book at Rs 1,306 crore, HCC said.

It has received two contracts from Ministry of Road Transport and Highway worth Rs 848 crore and a contract from Himachal Pradesh Power Corporation Ltd worth Rs Rs 179.90 crore, the company added.

Besides, the company has lowest bids worth Rs 1,470 crore for which the contracts are yet to be awarded.

Commenting on the new order, HCC President & CEO Arun Karambelkar said, "Majority of the orders that HCC has received in the last one month has come from the transportation sector, reflecting thereby the renewed focus of the government on the speedy growth of infrastructure."