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HCC approved for Sawalkot hydropower project

Monday, 27 Mar 2006
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The Jammu & Kashmir government has approved the selection of Hindustan Construction Co to execute the 1,200 MW Sawalkot hydropower project on EPC basis. The EPC contract will be executed by a consortium of HCC, SPAS of Norway and Ozaltin of Turkey.

The contract, valued at Rs.4,312.5 crore, will be executed over seven and a half years. The share of HCC in the total contract value is Rs.1,940.63 crore.

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