HCC Secures Approximately 127 Crore Contract for Bhutan's Wangchhu Hydroelectric Project
Hindustan Construction Company Ltd. (HCC) has secured a contract valued at approximately 127 crore from Wangchhu Hydroelectric Power Limited (WHPL), Bhutan, for the construction of works related to the Wangchhu Hydroelectric Project. This award underscores HCC’s specialized expertise in handling complex hydroelectric projects across challenging terrains.The contracted scope includes the execution of critical infrastructure such as diversion tunnels, hydromechanical gates, and cofferdams. The work is scheduled for completion within a nine-month period, following WHPL's comprehensive technical and financial evaluation process. These initial diversion works are essential steps toward enabling the prompt commencement of the project’s primary civil construction phase, helping maintain the overall timeline of the Wangchhu Hydroelectric Project.
The contract win comes as Bhutan focuses heavily on expanding its hydropower sector under the 13th Five-Year Plan (2024-29). The country's government has set a target to reach 6,000 MW of installed capacity and continue significant investment in large hydroelectric initiatives.
HCC’s established presence in Bhutan extends over three decades, during which it has significantly contributed to the nation's hydropower capacity through various projects. These include Tala (1,020 MW), Kurichu (60 MW), Punatsangchhu-1 (1,200 MW), Dagachhu (114 MW), and Nikachhu (118 MW).
HCC’s contributions also span its operations in India. The company has executed 26% of India's installed hydropower capacity.
The specialized capabilities of HCC are comprehensive, extending beyond power generation into various infrastructure sectors. Over nearly a century, the company has accumulated extensive experience in building responsible infrastructure.
Key operational achievements by HCC include:
| Category | Achievement Detail |
|---|---|
| Hydropower Capacity | 26% of India's installed hydropower capacity |
| Nuclear Power | 60% of India's nuclear power generation capacities |
| Road Infrastructure | Over 4,036 lane km of Expressways and Highways |
| Tunneling | More than 402 km of complex Tunnelling |
| Bridges | 403 Bridges |
HCC operates within the infrastructure sectors of Transportation, Power, and Water.
HCC Stock Price Movement
Hindustan Construction Company Limited stock is edging higher to ₹24.01 as of 9:22 AM today, gaining 0.08% in live trading. The equity trades within a tight intraday range, having touched a low of ₹23.93 and peaking at ₹24.19.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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