Hindustan Construction Company (HCC) Bags Rs 2726.49 crore Kishanganga Hydel Project in Jammu & Kashmir

Tuesday, Jan 27, 2009

HCC (Hindustan Construction Company Ltd), India’sleading construction and infrastructure company in joint venture with HalcrowGroup Ltd. U.K.(Halcrow) has been awarded the prestigious and challenging 330 MW Kishangangahydro-electric project by the National Hydroelectric Power Corporation Ltd.(NHPC). The contract is on turnkey basis and valued at approximately INR2726.49 crore. The HCC-Halcrow Consortium will have a share in the ratio of98:2 respectively.

The Kishanganga Hydroelectric Project is located on riverKishanganga, a tributary of river Jhelum, in Baramulladistrict of Jammu & Kashmir. The project involvesthe construction of a 37m high concrete faced rockfill dam, 23.5 km of headrace tunnel and an underground powerhouse. A maximum gross head of 665 m isproposed to be utilised to generate 1350 Million Units of energy, in a 90%dependable year with an installed capacity of 3x110 MW.

This is an EPC contract where HCC will be responsible forEngineering, Procurement and Construction of all items including civil andassociated infrastructure works; supply, installation, testing andcommissioning of all electromechanical plant & machinery andhydro-mechanical components including generating units. The project will becompleted & commissioned in an estimated 84 months.

Sharing details of the contract, Mr Vinayak Deshpande,President & Chief Operating Officer, HCC said, “This is a prestigiouscontract win for us. HCC has successfully constructed over 23 per cent of India’shydel power generation capacity including several challenging hydel powerprojects in the Himalayan regions.

With this prestigious EPC project for HCC, we have furtherstrengthened our robust order book with a significant portion coming from thePower segment”.

HCC has contributed significantly in the infrastructuredevelopment of Jammu & Kashmir. It has built the state’s largesthydro-electric power project – the Salal Dam and is currently also developingfive other infrastructure projects. This includes three hydel power projectsviz. Chutak HEPP (in Kargil), Nimoo Bazgo HEPP (in Leh) and URI HEPP inaddition to the historic 84 km Mughal Roadand the Pirpanjal Tunnels of the Udhampur-Srinagar-Baramulla rail link. HCC hasalso constructed Bhutan’slargest hydroelectric power project at Tala.