The project to construct Vishnugad Pipalkoti Hydro Electric Power project in Chamoli district of Uttarakhand will be under the EPC (Engineering, Procurement and Construction) mode for civil and hydro-mechanical works and is to be completed in 54 months, the company said today.
Also read: HCC logs Rs 31.60cr net profit in Sept quarter
"Vishnugad Pipalkoti Hydel power project is a 444 MW (4x111 MW) run-of-river scheme on Alaknanda river, which is a major tributary of river Ganga," it said in a statement.
HCC covers the entire spectrum of engineering, procurement and construction related activities for highly complex, large-scale integrated hydro power projects, the company added.
HCC also said it possesses diverse capabilities required for construction of all components of a hydro power project like dams, barrages, powerhouses, tunnels, shafts and canals.
The company recently completed three hydel power projects in Jammu & Kashmir including URI stage II, Chutak HEP and Nimoo Bazgo HEP.
It is currently executing eight hydro-electric power projects, including two in Himachal Pradesh, two in Bhutan and one each in Arunachal Pradesh, Jammu & Kashmir, Sikkim, Uttarakhand and West Bengal.
THDC India Limited (formerly Tehri Hydro Development Corporation Limited), is jointly promoted by the central government and UP state government.
Hind Constr stock price
On December 23, 2013, Hindustan Construction Company closed at Rs 14.19, up Rs 0.70, or 5.19 percent. The 52-week high of the share was Rs 20.85 and the 52-week low was Rs 7.75.
The latest book value of the company is Rs 19.17 per share. At current value, the price-to-book value of the company was 0.74.
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