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 arm signs landmark PPA with Tata Motors for 131 MW hybrid project
 ( Hot Pursuit - 22-Apr-25   12:29 )
  Tata Power Company to announce Quarterly Result
 ( Corporate News - 22-Apr-25   10:08 )
  Tata Power Renewable Energy signs PPA with Tata Motors
 ( Corporate News - 21-Apr-25   19:40 )
  Tata Power gains as arm inks pact with NTPC for 200 MW FDRE project
 ( Hot Pursuit - 15-Apr-25   09:44 )
  Tata Power’s arm inks pact with NTPC for 200 MW FDRE project
 ( Hot Pursuit - 14-Apr-25   14:40 )
  Tata Power to install 100 MW battery energy storage system in Mumbai
 ( Hot Pursuit - 07-Apr-25   14:13 )
  Tata Power to install 100 MW Battery Energy Storage System in Mumbai
 ( Corporate News - 07-Apr-25   12:49 )
  Tejas Networks Ltd leads gainers in 'A' group
 ( Hot Pursuit - 21-Mar-25   12:01 )
  Benchmarks trade with significant gains; media shares rally for 4th day
 ( Market Commentary - Mid-Session 21-Mar-25   11:32 )
  HCC shares soar as JV secures Rs 2,470 crore Tata Power contract  
 ( Hot Pursuit - 21-Mar-25   10:31 )
  Hindustan Construction-Tata Projects JV wins Rs 2,470 cr contract from Tata Power
 ( Corporate News - 20-Mar-25   16:00 )
Other Stories
  FAE Beauty partners with Unicommerce to streamline its quick commerce operations
  22-Apr-25   19:34
  Adani Data Networks transfers 400 MHz spectrum to Bharti Airtel
  22-Apr-25   19:27
  Intellect Design Arena allots 60,489 equity shares under ESOP
  22-Apr-25   19:25
  Ideaforge Technology allots 94,118 equity shares under ESOS
  22-Apr-25   19:24
  Swiggy allots 36.32 lakh equity shares under ESOP
  22-Apr-25   19:22
  IndoStar Capital Finance allots 375 equity shares under ESOP
  22-Apr-25   19:21
  ICICI Lombard General Insurance Company allots 29,841 equity shares under ESOS
  22-Apr-25   19:20
  Clean Science & Technology invests Rs 50 cr in Clean Fino-Chem
  22-Apr-25   19:18
  JK Paper acquires majority stake in Quadragen Vethealth
  22-Apr-25   19:15
  Ugro Capital allots commercial paper of Rs 25 cr
  22-Apr-25   19:13
Back Top