KL NEWS NETWORK
Hindustan Construction Company (HCC) shall be constructing thirty six kilometre stretch of Srinagar-Jammu highway.
One of the biggest constructing companies of India, the company has bagged Rs 1,783.42 Crore contract from National Highway Authority of India (NHAI) for construction of a highway in the state.
“The company has been awarded a prestigious NHAI contract worth Rs 1,783.42 crore to construct a 36-KM highway, which includes 3 KMs of tunnels between Ramban and Banihal in Jammu & Kashmir,” Hindustan Construction Company said. “The project is part of NHDP Phase II programme of NHAI on NH 1A (now NH 44) and is known for its difficult terrain and low temperatures, especially in the winter season.”
Reports quoting HCC President and CEO-E&C Arun Karambelkar as saying: “This project not only allows us to further expand our presence in road-related business segments, but also gives us immense pride as this highway will contribute to infrastructure growth of our nation.”