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| Rs 2726 Cr contract awarded for Kichengagna hydel project | | | Early Times Report
Jammu, Jan 23: Hindustan Construction Company, HCC has bagged the prestigious 330 Mega Watt Kishenganga power project that is to be constructed in a joint venture with Halcrow Group Ltd, based in United Kingdom. The contract is on turnkey basis and is valued at 2726.49 crore rupees. The HCC-Halcrow Consortium will have a share in the ratio of 98:2 respectively.
The Kishanganga Hydroelectric Project is located on river Kishanganga, a tributary of river Jhelum. The project involves the construction of a 37m high concrete faced rock fill dam, 23.5 km of head race tunnel and an underground powerhouse. A maximum gross head of 665 m is proposed to be utilized to generate 1350 Million Units of energy, in a 90 percent dependable year with an installed capacity of 3x110 MW.
HCC has signed the contract where in HCC will be responsible for Engineering, Procurement and Construction of all items including civil and associated infrastructure works. The company will be looking after supply, installation, testing and commissioning of all electromechanical plant and machinery and hydro-mechanical components including generating units. The project will be completed & commissioned in an estimated 84 months.
Sharing details of the contract, Vinayak Deshpande, President and Chief Operating Officer, HCC said, "This is a prestigious contract win for us. HCC has successfully constructed over 23 per cent of India's hydel power generation capacity including several challenging hydel power projects in the Himalayan regions.
"With this prestigious project for HCC, we have further strengthened our robust order book with a significant portion coming from the Power segment," he added.
HCC has contributed significantly in the infrastructure development of Jammu and Kashmir. It has built the state's largest hydro-electric power project – the Salal Dam and is currently also developing five other infrastructure projects.
According to PBI this includes three hydel power projects Chutak (in Kargil), Nimoo Bazgo (in Leh) and URI in addition to the historic 84 km Mughal Road and the Pirpanjal Tunnels of the Udhampur-Srinagar-Baramulla rail link. HCC has also constructed Bhutan's largest hydroelectric power project at Tala.
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