Hindustan Construction Gains as JV Arm Secures Rs 21.91 Bn Contract

18 Mar 2025 CW Team

The contract involves the construction of an 8.65 km underground metro corridor, which includes tunnels and stations. Designated as Package IN-05R, this segment is the only underground portion of the 31.32 km Indore Metro Phase-1 project. The scope of work encompasses 11.32 km of tunnel construction using Tunnel Boring Machines (TBMs) and the development of seven underground stations. These stations include Indore Railway Station, Rajwada, Chota Ganpati, Bada Ganpati, Ramchandra Nagar, BSF/Kalani Nagar, and Airport. The corridor will extend from a ramp located east of Indore Railway Station to another ramp west of Airport Station.

HCC is currently engaged in multiple metro infrastructure projects, including the construction of 4 km of twin tunnels and four stations for Mumbai Metro Line III. Additionally, the company is executing two separate metro packages for the Chennai Metro.

As the flagship entity of Hindustan Construction Company Group (HCC Group), HCC specializes in engineering and infrastructure development across India. Its portfolio includes projects related to dams, tunnels, bridges, hydro, nuclear, and thermal power plants, as well as expressways, roads, marine works, water supply systems, irrigation infrastructure, and industrial buildings. The company continues to expand its footprint in large-scale construction and urban mobility projects nationwide.

News source: Business Standard

Image source: www.angelone.in

Hindustan Construction Company (HCC) recorded a 3.36 per cent increase in its share price, reaching Rs 23.37, following the announcement of a significant contract secured in collaboration with Tata Projects (TPL). The joint venture has been awarded a Rs 21.91 billion contract by the Madhya Pradesh Metro Rail Corporation (MPMRCL) for the Indore Metro project. The contract involves the construction of an 8.65 km underground metro corridor, which includes tunnels and stations. Designated as Package IN-05R, this segment is the only underground portion of the 31.32 km Indore Metro Phase-1 project. The scope of work encompasses 11.32 km of tunnel construction using Tunnel Boring Machines (TBMs) and the development of seven underground stations. These stations include Indore Railway Station, Rajwada, Chota Ganpati, Bada Ganpati, Ramchandra Nagar, BSF/Kalani Nagar, and Airport. The corridor will extend from a ramp located east of Indore Railway Station to another ramp west of Airport Station. HCC is currently engaged in multiple metro infrastructure projects, including the construction of 4 km of twin tunnels and four stations for Mumbai Metro Line III. Additionally, the company is executing two separate metro packages for the Chennai Metro. As the flagship entity of Hindustan Construction Company Group (HCC Group), HCC specializes in engineering and infrastructure development across India. Its portfolio includes projects related to dams, tunnels, bridges, hydro, nuclear, and thermal power plants, as well as expressways, roads, marine works, water supply systems, irrigation infrastructure, and industrial buildings. The company continues to expand its footprint in large-scale construction and urban mobility projects nationwide. News source: Business StandardImage source: www.angelone.in

Infrastructure Urban

11 May 2026

Waterproofing Blueprint

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

Real Estate

11 May 2026

Danube Launches Greenz Villa Community in Dubai

Danube Properties has launched Greenz by Danube, a fully furnished master villa community in Dubai, unveiled by H.E. Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance and Coexistence, at an event attended by over 7,000 investors and business leaders.Located near Dubai International Academic City and Dubai Silicon Oasis, the development marks Danube’s first large-scale integrated villa community and is positioned within one of Dubai’s emerging residential corridors.The project will comprise three and four-bedroom townhouses along with five-bedroom semi-detached and twin villas...

Equipment

11 May 2026

ABB Launches IE6 Motor for Hazardous Industrial Areas

ABB has introduced what it claims is the world’s first IE6 Hyper-Efficiency motor certified for hazardous industrial environments under ATEX and IECEx standards.The new Increased Safety motor is based on ABB’s synchronous reluctance (SynRM) technology and is designed without magnets or rare earth materials. According to the company, the motor reduces energy losses by up to 60 per cent compared to standard IE3 induction motors commonly used in hazardous areas.The motor is intended for use in industries such as chemicals, marine, oil and gas, pharmaceuticals and food and beverage, where expl..