Business Update24 Apr 2026, 09:09 am
HCC Wins ₹2,917 Cr CIDCO Water Infrastructure Contract in JV
AI Summary
Hindustan Construction Company (HCC) has secured a ₹2,917 Cr infrastructure contract from CIDCO for constructing a 22.21 km raw water tunnel and a 250 MLD water treatment plant in Raigad. The project is awarded to the LCESPL-HCC Joint Venture, with HCC responsible for executing works worth approximately ₹1,100 crore. The project includes design, construction, and 15 years of operation and maintenance under a DBO model, aiming to strengthen water supply for Navi Mumbai and surrounding areas.
Key Highlights
- HCC secures ₹2,917 Cr water infrastructure contract from CIDCO.
- HCC's share in the LCESPL-HCC JV project is approximately ₹1,100 crore.
- The project involves a 22.21 km raw water tunnel and a 250 MLD water treatment plant.
- The contract includes 15 years of comprehensive operation and maintenance.
- Project aims to improve water supply infrastructure for Navi Mumbai.