NEW DELHI, Sept 11: Infrastructure major Hindustan Construction Company (HCC) has bagged two major contracts worth Rs 1,534 crore in various business segments including one in Jammu and Kashmir for construction of a tunnel.
“The first order is for the construction of a 10.2 km tunnel on the Udhampur-Srinagar-Baramulla railway line in Jammu & Kashmir…This contract is worth Rs 884 crore and will be completed in 60 months,” HCC said in a statement.
The tunnel contract on the Dharam-Qazigund Section in the state has been given to HCC by IRCON International Limited, which is engaged in constructing the Udhampur-Srinagar-Baramula railway line, the company said.
This will be the second largest tunnel in India after the 10.96 km long Pir Panjal Tunnel between Qazigund to Banihal in Jammu and Kashmir, which has also been built by HCC. The tunnel is nearing completion.
“The second is an EPC (engineering, procurement and construction) order for expansion of a section of the National Highways-8 between Vadodara and Surat, which also includes the construction of an extradosed bridge across River Narmada,” the company said.
The order, with a value of Rs 650 crore, is a contract from HCC Concessions, a step down subsidiary of HCC.