Hot Pursuit     21-Mar-25
HCC shares soar as JV secures Rs 2,470 crore Tata Power contract  
Hindustan Construction Company (HCC) surged 13.01% to Rs 27.80 after the company announced that its 50:50 joint venture with Tata Projects Limited (TPL) has been awarded a Rs 2,470 crore contract by Tata Power Company.
The project involves the construction of the Bhivpuri Off-Stream Open-Loop Pumped Storage Project (PSP), a 1000 MW facility located in Karjat, Maharashtra. The Bhivpuri PSP will consist of four units: two 333 MW units and two 167 MW units. The scope of work entrusted to the HCC-TPL joint venture encompasses a wide range of civil and hydro-mechanical (H&M) components.

HCC is engaged in the engineering and construction of large infrastructure projects. The company reported a consolidated net loss of Rs 38.92 crore in Q3 December 2024 as against net profit of Rs 182.30 crore in Q3 December 2023. Net sales declined 31.72% year-on-year to Rs 1,006.81 crore in Q3 FY25.

Previous News
  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 )
  Hindustan Construction rises after JV arm bags contract worth Rs 2,191 crore
 ( Hot Pursuit - 17-Mar-25   10:05 )
  Hindustan Construction-Tata Projects consortium bags contract worth Rs 2,191 cr
 ( Corporate News - 17-Mar-25   09:21 )
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 ( Corporate News - 20-Feb-25   15:23 )
  Hindustan Construction Company reports consolidated net loss of Rs 38.92 crore in the December 2024 quarter
 ( Results - Announcements 14-Feb-25   07:59 )
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