Hindustan Construction and Vensar JV have bagged the Rs 236 crore railway order. Hindustan Construction share in order is placed at Rs 130 crore. The railway order includes two separate contracts from the Northeast Frontier Railway for the construction of Single Line BG Tunnels Lot 14A and Lot 15A on a 51.38 km long Bairabi Sairang New BG Rail line in Manipur.
Indian Railways is actively carrying out various projects to strengthen its network and connectivity across North-East India. One of the major railway projects, 51.38 Km long Bairabi-Sairang New BG Rail line, is all set to give a massive boost to the rail connectivity in the region, as it will connect Mizoram to the Indian Railways network up to Bairabi railway station, which is the gateway to the state. The new rail line project includes 32 underground tunnels, 55 major bridges, 87 minor bridges, 16 cut and cover tunnels, 5 Road Under Bridges (RUB), and 5 Road Over Bridges (ROB). The line will be laid across four railway stations, namely Hortoki, Kawnpui, Mualkhang, and Sairang stations.
Vensar Constructions Company is a construction company based in Hyderabad and specializes in all aspects of infrastructure mainly into buildings, tunnelling, roads and electrical lines.
Hindustan Construction is a pioneer in India’s infrastructure industry, having executed landmark projects that have marked the country’s progress since 1926. They have supported construction of 27 per cent of India’s hydropower generation and 60 per cent of nuclear power generation capacities, over 3,960 lane km of expressways and highways, more than 360 km of complex tunnelling and 383 bridges. The Hindustan Construction Group reporting a turnover of Rs 9,437 crore includes the combined base of Hindustan Construction Ltd, Hindustan Construction Infrastructure and Steiner AG in Switzerland.
Hindustan Construction last made headlines in August when it announced a joint venture with Dilip Buildcon Ltd (DBL) to have secured a deal of Rs 1,335 crore by Rail Vikas Nigam for construction of tunnels, bridges and formation works in a new broad-gauge rail line between Rishikesh and Karanprayag in Uttarakhand. Shares of Hindustan Construction was last trading in BSE at Rs.5.78 as compared to the previous close of Rs. 5.85.
