HCC-Dilip Buildcon Joint Venture bags Rs 1,900 crore contract from NHAI

Mumbai: Engineering firm HCC has said its joint venture with Dilip Buildcon NSE 0.21 % has received a Rs 1,900 crore NHAI contract for design and construction of a 22-km road to link Jharkhand and Bihar. The Rs 1,900 crore road project, which will include a four-lane bridge over the Ganga river, will connect Sahibganj bypass in Jharkhand to Manihari bypass in Bihar, Hindustan Construction Company NSE 4.42 % said in a statement.

HCC’s share in the joint venture is 26 per cent or to the extent of Rs 494 crore, it said.