Corporate News     20-Mar-25
Hindustan Construction-Tata Projects JV wins Rs 2,470 cr contract from Tata Power

Hindustan Construction Company (HCC) and Tata Projects (TPL) in a 50:50 Joint Venture have been awarded a Rs 2,470 crore contract by Tata Power Company for the construction of Bhivpuri Off-Stream Open Loop Pumped Storage Project (PSP) 1000 MW (2x333 MW + 2x167 MW) located at Karjat, Maharashtra.

The scope of work includes Civil and H&M components of the project i.e. Coffer Dam, Intake Structure including gates & screen at the existing upper reservoir of Thokerwadi, Head Race Tunnels, Penstock, Surge Shaft, Pressure Shaft, Powerhouse, Tail Race Tunnel, Lower Intake Structures including gate & screens, a new lower reservoir with GFRD Dam, adits, roads & drains, various BOP foundation and building structures. The scope will also include other appurtenant works required for completion of the project consisting of infrastructure works along with review and interface of electro-mechanical works.

HCC has served the nation in the development of nearly 26% of installed hydropower capacity and is currently executing five hydroelectric power projects, including the 1000 MW Tehri Pumped Storage System in Uttarakhand. This latest win by HCC further cements its position as a leading partner in the development of hydropower projects for the country.

Previous News
  Tata Power Renewable Energy commissions 752 MW solar projects in Q1 FY26
 ( Corporate News - 03-Jul-25   17:39 )
  Tata Power dips after arbitration tribunal partially rules in favour of Kleros
 ( Hot Pursuit - 03-Jul-25   11:43 )
  Tata Power Company Ltd up for five straight sessions
 ( Hot Pursuit - 26-Jun-25   13:00 )
  Tata Power Company Ltd rises for third straight session
 ( Hot Pursuit - 24-Jun-25   13:05 )
  GTL Infrastructure Ltd leads losers in 'A' group
 ( Hot Pursuit - 13-Jun-25   15:00 )
  Tata Power’s TP solar hits 4 GW module output at Tirunelveli plant
 ( Hot Pursuit - 10-Jun-25   11:05 )
  Tata Power Company
 ( Results - Analysis 15-May-25   10:56 )
  Tata Power Company consolidated net profit rises 16.49% in the March 2025 quarter
 ( Results - Announcements 15-May-25   07:39 )
  Tata Power Q4 PAT climbs 16% YoY to Rs 1,043 cr
 ( Hot Pursuit - 14-May-25   18:10 )
  Tata Power fixes record date for final dividend
 ( Market Beat - Reports 14-May-25   17:27 )
  Tata Power Company to hold AGM
 ( Corporate News - 14-May-25   17:26 )
Other Stories
  CreditAccess Grameen allots 3,750 equity shares under ESOP
  03-Jul-25   19:02
  ArisUnitern RE Solutions bags contract worth Rs 100 cr
  03-Jul-25   18:57
  Nueromind Technologies signs MoU with Nawgati Tech
  03-Jul-25   17:48
  Yatharth Hospital appoints Ashutosh Kumar Jha as Group Chief Strategy, Mergers & Acquisitions (M&A), and Investor Relations
  03-Jul-25   17:46
  Persistent Systems appoints Shimona Chadha as Chief Marketing Officer
  03-Jul-25   17:45
  SpiceJet receives two of its overhauled engines from StandardAero
  03-Jul-25   17:41
  Bayer CropScience to hold AGM
  03-Jul-25   17:40
  Borosil to conduct AGM
  03-Jul-25   17:40
  Magadh Sugar & Energy AGM scheduled
  03-Jul-25   17:39
  Kirloskar Ferrous Industries to hold AGM
  03-Jul-25   17:39
Back Top