Hindustan Construction Company (HCC) has been awarded a major infrastructure contract valued at approximately ₹2,917.6 crore by the City and Industrial Development Corporation of Maharashtra Limited (CIDCO). The project, located in Raigad, involves the construction of a 22.21 km raw water tunnel and a 250 MLD water treatment plant.
The contract has been secured by the LCESPL-HCC Joint Venture, with HCC responsible for executing works worth approximately ₹1,100 crore. The project will utilise Tunnel Boring Machine (TBM) technology to design and construct the raw water tunnel, which will convey water from Kondhane Dam at Village Chochi in Karjat to the proposed water treatment plant at Village Mohope in Panvel.
In addition to the tunnel construction, the scope of work includes the design, build, supply, erection, testing, and commissioning of the water treatment plant. The contract also encompasses 15 years of comprehensive operation and maintenance under a Design, Build and Operate (DBO) model.
This initiative is a critical component of CIDCO’s strategy to enhance the long-term water supply infrastructure for Navi Mumbai and surrounding areas. It aims to ensure reliable and sustainable water availability to support urban and industrial growth in the region.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aditya Bhagchandani before publication.