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Hindustan Construction Company (HCC), through its joint venture Aakshya HCC, has secured a contract worth approximately INR 1,662 crore from the Brihanmumbai Municipal Corporation (BMC) for Phase IV of the Goregaon Mulund Link Road project in Mumbai. The project is part of a larger infrastructure corridor aimed at improving East-West connectivity in the city. HCC holds a 49% stake in the joint venture. The company has a long track record in infrastructure development, including highways, tunnels, bridges, and contributions to hydro and nuclear power capacity in India.
Hindustan Construction Company (HCC) has been awarded an infrastructure contract valued at around INR 1,662 crore by the Brihanmumbai Municipal Corporation for construction work related to Phase IV of the Goregaon-Mulund Link Road project in Mumbai. Advertisement
The contract has been granted to the Aakshya HCC joint venture, in which Hindustan Construction Company holds a 49% stake. As per the company's statement issued during the week, the order value is approximately INR 1,662.27 crore and forms part of a broader effort to strengthen road connectivity across the city.
The Goregaon-Mulund Link Road corridor is being developed by BMC to improve East-West connectivity, which has historically faced congestion challenges due to limited cross-city routes. The Phase IV segment is one of the key components of this corridor and is expected to contribute to easing traffic movement between the western and eastern suburbs.
HCC, which has been active in India's infrastructure sector for decades, has been involved in several large-scale projects across the country. Its portfolio includes execution of a significant share of hydro power generation capacity and a notable portion of nuclear power generation capacity. The company has also delivered thousands of lane kilometres of highways and expressways, along with multiple complex tunnelling and bridge projects.
Over the years, HCC has participated in various government-led infrastructure developments, particularly in urban transport and large engineering works. Its involvement in tunnelling and bridge construction has been a consistent part of its operations, aligning with the growing demand for urban infrastructure expansion in major cities like Mumbai.
The current contract adds to the company's ongoing project pipeline and reflects continued participation in municipal infrastructure development led by civic authorities such as BMC.
Source PTI
FAQ
Q1: What contract has Hindustan Construction Company secured?
A1: Hindustan Construction Company has secured an infrastructure contract worth approximately INR 1,662 crore from the Brihanmumbai Municipal Corporation (BMC) for Phase IV of the Goregaon-Mulund Link Road project in Mumbai.
Q2: Which authority awarded this contract?
A2: The contract was awarded by the Brihanmumbai Municipal Corporation, which is responsible for civic infrastructure and urban development projects in Mumbai.
Q3: What is the Goregaon-Mulund Link Road project?
A3: The Goregaon-Mulund Link Road is an infrastructure corridor being developed to improve East-West connectivity in Mumbai. It aims to reduce travel time and ease congestion between the western and eastern suburbs of the city.
Q4: What is the scope of Phase IV of the project?
A4: Phase IV is a key segment of the broader link road project and involves construction work that will contribute to improving cross-city connectivity and traffic flow across Mumbai's suburban regions.
Q5: What is HCC's role in the project?
A5: HCC is executing the project through a joint venture called Aakshya HCC, in which it holds a 49% stake. The joint venture will carry out the construction work as per the contract awarded by BMC.
Q6: Why is this project important for Mumbai?
A6: The project is significant because Mumbai has limited East-West road connectivity, leading to congestion. The Goregaon-Mulund Link Road is expected to improve mobility, reduce travel time, and enhance urban transport efficiency across the city.
Q7: What is HCC's experience in infrastructure development?
A7: HCC has a long track record in infrastructure projects across India, including highways, bridges, tunnels, and contributions to hydro and nuclear power projects. Its portfolio includes executing large-scale and complex engineering works in urban and national infrastructure development.
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