Hindustan Construction - Award of new contract

Hindustan Construction Company Ltd has informed that the Company has received a Letter of Acceptance from Indian Strategic Petroleum Reserves Ltd, New Delhi, for execution of Civil works for Underground Rock Cavern (Part A) for Strategic Storage of Crude Oil Project at Visakhapatnam, Andhra Pradesh.

The value of the contract is Rs 375.38 Crore. The project is to be completed in 36 (thirty six) calendar months from the date of issue of this Letter of Acceptance.