Infrastructure major Hindustan Construction Company (HCC) said its joint venture (JV) with Vensar Constructions Company Ltd (VCCL) has been awarded Rs 1,114 crore contract.



The contract is to construct the Imphal-Kangchup-Tamenglong highway, which is a part of Asian Highway No 1. The contract has been awarded by the Public Works Department (PWD) of Government of Manipur.



The project is to be completed in 42 months, it said in a statement. The project is backed by Asian Development Bank and this part of the highway starts at Imphal and ends at Tamenglong covering a total length of 111 kms, HCC said.



HCC's share in the JV is 73 percent, which is Rs 813 crore, it added. The Imphal-Kangchup-Tamenglong highway provides shortest connectivity from Manipur to the East West Corridor of the NHAI.



The highway will also reduce the distance from Guwahati to Imphal by around 90 kms as compared to the existing route via Dimapur. It passes through districts of West Imphal and Tamenglong connecting major settlements of Imphal, Kangchup, Haochong, Bhalok and Tamenglong.



It is the sixth order HCC has received in this fiscal, taking the order book to Rs 4,520 crore. Besides, the company is also the lowest bidder in seven projects worth Rs 5,132 crore. The combined order backlog of HCC is likely to cross Rs 21,000 crore in the 2015-16 fiscal, it said.

here is company details.

 

NOTE :You need to login first to access this feature.