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Construction & Infrastructure News

HCC debt to reduce in half

September 2016

The recent Cabinet decision that requires government agencies to pay 75 per cent of arbitral awards will result in HCC’s debt being reduced by half. ...

Cabinet, HCC, Ajit Gulabchand, Infrastructure development, Substantially

Bagged it!

September 2016

Larsen & Toubro-Shanghai Tunnel Engineering Co has bagged Mumbai Metro´s Line 3 Contract MM3-CBS-UGC-01 from Mumbai Metro Rail Corporation comprising...

Metro Construction, Larsen & Toubro, Shanghai Tunnel Engineering Co, Mumbai Metro Rail Corporation, IRB Infrastructure Developers, HCC, IRCON, Tata Projects, Continental Engineering Corporation, ITD Cementation, SOMA Enterprise, DOGUS, J Kumar Infraprojects

The focus on EPC has given a fillip to road industry

September 2016

The roads sector had witnessed an aggressive bidding during the financial year 2011 and 2012. Projects of over 11,000 km were awarded during these ye...

Arun Karambelkar, HCC, EPC, Roads, Highways, NDA Government, EPC, MoEF, BOT projects

Metro Maker

August 2016

Not far from now when Mumbai will celebrate its first underground metro. Metro 3 leaped a big step towards reality when the Mumbai Metro Rail Corpora...

Mumbai Metro Rail Corporation, MMRC, SK Gupta, L&T, STEC, HCC, MMS, Dogus, Soma, CEC, ITDCEM, TPL, J Kumar, IRSE, DMRC

HCC-MMS JV bags Mumbai Metro III contract

August 2016

Infrastructure major, Hindustan Construction Company Ltd (HCC) as a lead partner in the joint venture with MMS of Russia...

Infrastructure, Hindustan Construction Company Ltd, HCC, Mumbai Metro Rail Corporation Ltd, MMRCL, Underground Metro Line, IRCON, New BG Railway Line

Five consortiums appointed for civil work on Metro-3 project

August 2016

Mumbai Metro Rail Corporation (MMRC) appointed contractors to build tunnels and 26 underground stations on Mumbai´s first underground metro project -...

Mumbai Metro Rail Corporation, L&T-STEC, HCC-MMS, Dogus-Soma, CEC-ITDCEM-TPL, J Kumar-CRTG

HCC awarded Rs 1,750 crore contract by IRCON

July 2016

Hindustan Construction Company (HCC) has been awarded a prestigious contract worth Rs 1,749.59 crore by IRCON International to construct two tunnels ...

IRCON, Katra-Banihal Section, BG Railway Line Project, HCC, Pir Panjal Railway tunnel, Sumber, Sangaldan stations, Arun Karambelkar

RBI’s S4A route for HCC

July 2016

The Joint Lender’s Forum meeting of HCC held on July 12, 2016 (Reference Date) has passed to resolve the account under the recent RBI guidelines ‘Sch...

HCC, Lender Forum, S4A, RBI, Cashflow Timing Mismatch, Equity, Redeemable Optionally Convertible Preference Share, Optionally Convertible Debentures, EBITDA, CDR
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