HCC-TPL JV Secures ₹21.91 Billion Indore Metro Contract

Hindustan Construction Company (HCC) and Tata Projects Ltd. (TPL) have won a significant contract for the Indore Metro's underground section, valued at ₹21.91 billion. The HCC-TPL JV was declared the lowest bidder for this project, which includes constructing twin tunnels and seven underground stations. This win marks a substantial addition to HCC's order book, bolstering its position in the infrastructure sector. The company holds a share in the JV amounting to ₹12.05 billion, reflecting its commitment to major infrastructure projects.

 

Source: NSE, BSE, The Metro Rail Guy, Reuters