HCC wins Rs. 2,917 cr CIDCO water infra contract in JV in Raigad

Hindustan Construction Company Ltd (HCC) secured a significant infrastructure contract valued at approximately Rs. 2,917.6 crore from City and
Industrial Development Corporation of Maharashtra Limited (CIDCO) for the construction of a 22.21 km raw water tunnel and a 250 MLD water treatment plant in Raigad. The project has been awarded to the LCESPL-HCC Joint Venture, in which HCC is responsible for executing works worth approximately Rs. 1,100 crores.

The project involves the design and construction of a 22.21 km long raw water tunnel using Tunnel Boring Machine (TBM) technology, conveying water from Kondhane Dam at Village Chochi in Karjat to a proposed 250 MLD Water Treatment Plant (WTP) at Village Mohope in Panvel.

The scope of work also includes the design, build, supply, erection, testing and commissioning of the water treatment plant, along with 15 years of comprehensive operation and maintenance under a Design, Build and Operate (DBO) contract model.

This project forms a key part of CIDCO's strategy to strengthen long-term water supply infrastructure for the rapidly developing nodes of Navi Mumbai and surrounding areas, ensuring reliable and sustainable water availability for urban and industrial growth in the region.

At 9.54 am, Hindustan Construction Company Ltd was trading at Rs. 20.06, down by 2.67%, with a volume of 18.44 lakh shares on the BSE.