Hindustan Construction Company bagged contract worth Rs 15.97 billion from THDC India to construct Vishnugad Pipalkoti Hydro Electric power project in Chamoli district of Uttrakhand.
This is an EPC contract (engineering, procurement and construction) for civil works, hydro-mechanical works including penstock steel liner of the hydro electric power project. The project will be completed in 54 months.
Shares of the company gained Rs 0.44, or 3.26%, to trade at Rs 13.93. The total volume of shares traded was 401,319 at the BSE (11.08 a.m., Monday).
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