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Hindustan Construction Wins INR1.27 Billion Hydropower Construction Contract in Bhutan

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Hindustan Construction (NSE:HCC, BOM:500185) has secured a contract worth about 1.27 billion Indian rupees from Wangchhu Hydroelectric Power, Bhutan, according to an Indian bourse filing on Friday.

The contract is for construction works at the Wangchhu Hydroelectric Project, the filing said. The scope includes constructing diversion tunnels, hydromechanical gates and cofferdams, it added.

The project is scheduled for completion within nine months, the company said in the filing.

Shares of the company fell nearly 1% in recent trade.

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