Hindustan Construction-Tata Projects JV Secures Rs 24.7 Bn Deal
ECONOMY & POLICY

Hindustan Construction-Tata Projects JV Secures Rs 24.7 Bn Deal

Hindustan Construction Company (HCC) and Tata Projects Ltd (TPL), in a 50:50 joint venture, have secured a Rs 24.7 billion contract from Tata Power Company for the development of the Bhivpuri Off-Stream Open Loop Pumped Storage Project (PSP) in Karjat, Maharashtra. The 1000 MW facility comprises two 333 MW units and two 167 MW units.

The contract encompasses civil and hydro-mechanical works, including the construction of a coffer dam, intake structures, head race tunnels, penstocks, surge and pressure shafts, a powerhouse, tail race tunnels, and a new lower reservoir featuring a GFRD dam. Additional works include access roads, drainage systems, and various supporting infrastructure, alongside the review and interface of electro-mechanical components.

HCC, having contributed to nearly 26% of India’s installed hydropower capacity, is currently executing five hydroelectric projects, including the 1000 MW Tehri Pumped Storage System in Uttarakhand. This latest contract reaffirms HCC’s expertise in hydropower infrastructure development.

Hindustan Construction Company (HCC) and Tata Projects Ltd (TPL), in a 50:50 joint venture, have secured a Rs 24.7 billion contract from Tata Power Company for the development of the Bhivpuri Off-Stream Open Loop Pumped Storage Project (PSP) in Karjat, Maharashtra. The 1000 MW facility comprises two 333 MW units and two 167 MW units. The contract encompasses civil and hydro-mechanical works, including the construction of a coffer dam, intake structures, head race tunnels, penstocks, surge and pressure shafts, a powerhouse, tail race tunnels, and a new lower reservoir featuring a GFRD dam. Additional works include access roads, drainage systems, and various supporting infrastructure, alongside the review and interface of electro-mechanical components. HCC, having contributed to nearly 26% of India’s installed hydropower capacity, is currently executing five hydroelectric projects, including the 1000 MW Tehri Pumped Storage System in Uttarakhand. This latest contract reaffirms HCC’s expertise in hydropower infrastructure development.

Next Story
Infrastructure Urban

Flood Control and Infrastructure Growth in Northeast India

Flood management and anti-erosion schemes are formulated and implemented by concerned State Governments as per their priority. The Union Government supplements the efforts of the States by providing technical guidance and promotional financial assistance for management of floods in critical areas. Since Xlth plan till date, Central Assistance amounting to Rs 23.82 billion has been released to flood management projects of North Eastern States under centrally sponsored scheme “Flood Management & Border Areas Programme (FMBAP)” of Ministry of Jal Shakti. Budgetary support of Rs 4 billion has..

Next Story
Infrastructure Urban

Initiatives to Boost Investment in Northeast India

The Government of India had introduced a new scheme UNNATI (Uttar Poorva Transformative Industrialization Scheme) on March 9, 2024 for extending support to the industries for enhancing regional infrastructure, create employment opportunities, and promote resilience and prosperity in the region. Under the UNNATI Scheme, the following incentives are provided to the industrial Units: i. Capital Investment Incentive (CII) ii. Capital Interest Subvention (CIS) iii. Manufacturing & Services linked incentive (MSLI) Under the UNNATI scheme the total budget outlay of the Scheme is Rs 100.37 bil..

Next Story
Infrastructure Urban

Govt Strengthens National Preparedness Against Cyber Threats

The Indian government is committed to maintaining an open, safe, trusted, and accountable internet. The Indian Computer Emergency Response Team (CERT-In) serves as the national agency under Section 70B of the Information Technology Act, 2000, to handle cybersecurity incidents. It monitors breaches and provides remedial measures to affected organizations. Critical Information Infrastructure, as defined by the IT Act, refers to computer resources whose compromise could severely impact national security. The National Critical Information Infrastructure Protection Centre (NCIIPC) is designated as..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?