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October 23 ,2017
Hindustan Construction wins Rs. 1,597-crore project in Uttarakhand shares rise

Hindustan Construction Company (HCC) has won a Rs s.1,597-crore contract from THDC India for construction of a hydro power project in Chamoli, Uttarakhand.
The project to construct Vishnugad Pipalkoti Hydro Electric Power project in Chamoli district of Uttrakhand will be under the EPC (engineering, procurement and construction) mode for civil and hydro-mechanical works and is to be completed in 54 months, the company said in a statement on Monday.
"Vishnugad Pipalkoti Hydel power project is a 444 MW (4x111 MW) run-of-river scheme on Alaknanda river, which is a major tributary of river Ganga," it said.
HCC covers the entire spectrum of engineering, procurement and construction related activities for highly complex, large-scale integrated hydro power projects, the company said.
HCC also said it possesses diverse capabilities required for construction of all components of a hydro power project like dams, barrages, powerhouses, tunnels, shafts and canals
The company recently completed three hydroelectric power projects in Jammu & Kashmir including URI stage II, Chutak HEP and Nimoo Bazgo HEP.
It is currently executing eight hydro-electric power projects, including two in Himachal Pradesh, two in Bhutan and one each in Arunachal Pradesh, Jammu & Kashmir, Sikkim, Uttarakhand and West Bengal.
THDC India Limited, formerly Tehri Hydro Development Corporation Limited, is jointly promoted by the central government and UP state government.