HCC and KRCL enter into Strategic Collaboration on Large-scale Transport Projects in India & Overseas

Hindustan Construction Company Limited (HCC) has signed a strategic Memorandum of Understanding (MoU) with Konkan Railway Corporation Limited (KRCL) to jointly pursue and execute large-scale railway and multi-modal transport infrastructure projects across India and international markets.

The MoU establishes a framework for long-term collaboration that brings together the complementary strengths of both organizations. HCC's expertise in heavy civil construction and project execution will be combined with KRCL's proven capabilities in rail systems, operations, and project implementation. Together, the partners will deliver integrated, end-toend solutions across the full spectrum of transport infrastructure, including civil works, track laying, signalling, electrification, MEP systems, operations and maintenance, and other critical components of modern transport networks.

The partnership will particularly focus on complex assignments such as underground and elevated metro systems, NATM tunnelling, railway bridges, and large-scale EPC contracts. Both organizations will jointly identify and bid for opportunities under varied contractual frameworks, including EPC, design-build, unit-rate contracts, PPP arrangements, and other advanced procurement models. The MoU also provides for the formation of joint ventures, consortia, or other collaborative structures tailored to project requirements.

Commenting on the development, Mr. Arjun Dhawan, Vice Chairman & Managing Director, HCC, said, "This MoU underscores HCC's commitment to creating synergies with public sector leaders like KRCL to meet the growing demand for technically advanced and high-value infrastructure. By combining capabilities, we aim to expand our presence in both domestic and international markets while delivering fully integrated transport solutions that span civil construction and rail systems."

Mr. Santosh Kumar Jha, Chairman & Managing Director, KRCL, added, "Konkan Railway Corporation is pleased to join hands with HCC to jointly pursue infrastructure projects of national and international significance. With our combined expertise, we are wellpositioned to execute complex projects, extend our operational footprint, and contribute meaningfully to the advancement of modern transport networks."

This strategic alliance is expected to unlock new opportunities for both partners, reinforcing their ability to deliver world-class transport infrastructure and contribute to the broader development of India's and other nations' infrastructure ecosystems.

Shares of Hindustan Construction Company Limited was last trading in BSE at Rs. 27.10 as compared to the previous close of Rs. 27.45. The total number of shares traded during the day was 808696 in over 2385 trades.

The stock hit an intraday high of Rs. 27.84 and intraday low of 26.76. The net turnover during the day was Rs. 22015788.00.

Source : Equity Bulls

Keywords

HindustanConstructionCompany INE549A01026 HCC StrategicCollaboration KRCL