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HCC gets three LoAs from NHAI

Wednesday, 10 Feb 2010
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Hindustan Construction Company (HCC) has received three LoAs from the NHAI to develop three contiguous sections of approx 256 km length between Behrampore to Dalkhola on NH-34 in West Bengal on DBFOT Toll basis.

The first order entails development of existing two lanes to four lanes between Behrampore and Farakka section of NH-34 (103 km). The second order includes development of existing two lanes to four lanes between Farakka to Raniganj section of NH-34 (103 km). The third contract involves development of existing two lanes to four lanes between Raniganj to Dalkhola section of NH-34 (50 km).

The three contracts are worth a total Rs 2,860 crore and the SPV companies implementing these projects under HCC Infrastructure, a wholly owned subsidiary of the company, shall be receiving a cumulative grant of Rs 1,033.47 crore during the construction period.

The first order has a concession period of 25 years including the construction period of 910 days while the second and third orders have a concession period of 30 years including the construction period of 910 days.

Also See:

HCC to construct elevated road corridor in Kolkata (17-Dec-09)

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