Hindustan Construction-Tata Projects JV Secures Rs 24.7 Bn Deal

25 Mar 2025 CW Team

Hindustan Construction Company (HCC) and Tata Projects Ltd (TPL), in a 50:50 joint venture, have secured a Rs 24.7 billion contract from Tata Power Company for the development of the Bhivpuri Off-Stream Open Loop Pumped Storage Project (PSP) in Karjat, Maharashtra. The 1000 MW facility comprises two 333 MW units and two 167 MW units.

The contract encompasses civil and hydro-mechanical works, including the construction of a coffer dam, intake structures, head race tunnels, penstocks, surge and pressure shafts, a powerhouse, tail race tunnels, and a new lower reservoir featuring a GFRD dam. Additional works include access roads, drainage systems, and various supporting infrastructure, alongside the review and interface of electro-mechanical components.

HCC, having contributed to nearly 26% of India’s installed hydropower capacity, is currently executing five hydroelectric projects, including the 1000 MW Tehri Pumped Storage System in Uttarakhand. This latest contract reaffirms HCC’s expertise in hydropower infrastructure development.

Real Estate

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