Nature of the Event
Hindustan Construction Company Ltd (HCC) has secured a contract from NHPC Limited for civil and hydro-mechanical works at the Salal Power Station in Jammu & Kashmir, as disclosed in a regulatory filing to BSE and NSE.
Key Quantitative Figures
- Contract value: ₹524.17 crore
- Project duration: 27 months
Parties Involved
- HCC (contractor)
- NHPC Limited (client)
Purpose and Rationale
The project involves civil and hydro-mechanical works, along with associated ancillary and enabling works, required to make the undersluices of the concrete dam at the Salal Power Station fully functional and operational. This rehabilitation is expected to enhance the dam's operational efficiency, improve sediment management, and strengthen its long-term safety and reliability.
Financial and Operational Impact
The contract value is ₹524.17 crore, with no additional financial impact quantified in the disclosure. Operationally, it aims to improve the dam's efficiency and safety.
HCC's Legacy in Jammu & Kashmir
HCC has a significant history in the region, having constructed:
- Salal Hydroelectric Project (690 MW, commissioned in 1987)
- Uri-II (240 MW)
- Kishanganga (333 MW)
- Nimoo Bazgo (45 MW)
- Chutak (44 MW)
These represent a combined installed capacity of 1,352 MW, approximately 38% of J&K's total installed hydropower capacity.
Additionally, HCC built India's first cable-stayed railway bridge at Anji Khad and executed nearly 32 km of tunnels (about 27% of the total tunnel length) for the Udhampur-Srinagar-Baramulla Rail Link project, enhancing connectivity for civilian and defence movement.
About HCC
HCC is a business group with nearly 100 years of engineering heritage, focused on developing infrastructure. It has constructed 26% of India's Hydro Power generation capacity, 60% of Nuclear Power generation capacity, over 4,036 lane km of Expressways and Highways, more than 402 km of complex Tunnelling, and 403 Bridges. The company serves the Transportation, Power, and Water sectors.