HCC-Dilip Buildcon JV bags ?1,900 cr NHAI Contract
Engineering firm HCC joint venture with Dilip Buildcon has received a ?1,900 crore NHAI contract for design and construction of a 22-km road to link Jharkhand and Bihar. The ?1,900 crore road project, which will include a four-lane bridge over the Ganga river, will connect Sahibganj bypass in Jharkhand to Manihari bypass in Bihar, Hindustan Construction Company said in a statement. HCC's share in the joint venture is 26% or to the extent of ?494 crore. "Our joint venture is proud to work on this important NHAI project that will improve infrastructure in Bihar and Jharkhand, generating long term benefits to the socio-economic conditions of the region," HCC Group CEO Arjun Dhawan said.
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