HCC bags contract worth Rs 3.74 bn

Hindustan Construction Company (HCC) announced that it has received a letter of acceptance from Indian Strategic Petroleum Reserves, New Delhi, for construction of civil works for underground rock caverns (Part A) for strategic storage of crude oil project at Padur in Karnataka.

The value of the contract is Rs 3.74 billion. The project is to be completed in 36 (thirty six) calendar months from the date of issue of this letter of acceptance.