Hindustan Construction Company
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Type | Public |
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BSE: 500185 NSE: HCC | |
ISIN | INE549A01026 |
Founded | 27 January 1926 |
Founder | Walchand Hirachand |
Headquarters | Hincon House, Vikhroli (West) Mumbai, India |
Key people | Ajit Gulabchand (Chairman & MD) Arjun Dhawan (Group CEO) UV Phani Kumar (CEO of E&C) Rahul Rao (CFO) Vithal Kulkarni (Company Secretary)[1] |
Revenue | ₹2,589.74 crore (US$340 million)[2] (2021) |
₹−566.45 crore (US$−75 million) (2021) | |
Number of employees | 1,900 (2017) |
Subsidiaries |
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Website | www |
Hindustan Construction Company Limited or HCC Limited is a construction company headquartered in Mumbai, India, whose businesses span the sectors of Engineering & Construction, Real Estate, Infrastructure, Urban development & Management. The HCC group of companies comprises HCC Ltd. and its subsidiaries HCC Real Estate Ltd., HCC Infrastructure Co. Ltd., Lavasa Corporation Ltd., Steiner AG in Switzerland and Highbar Technologies Ltd.
Founded by Industrialist Seth Walchand Hirachand in 1926, HCC Ltd. executes large-scale civil engineering and infrastructure projects such as hydel power plants, nuclear power plants, expressways and highways, tunnels and bridges. HCC currently serves the infrastructure sectors of transportation, power and water. HCC was the first construction company in India to be certified ISO 9001, ISO 14001 and OHSAS 18001 for its quality, environmental and occupational health and safety management systems. The company is headed by Ajit Gulabchand,[3] chairman & managing director (CMD) and Arjun Dhawan who is the group's Chief executive officer.
HCC is also developing Lavasa, a planned hill city set in the Sahayadri Mountains. Lavasa is spread amidst 23,000 acres and is a 3-hour drive from Mumbai and an hour's drive from Pune. The master plan for Lavasa has been developed by the design consultant HOK International Limited, USA. Lavasa is slated to have 5 towns - Dasve, Mugaon, Dhamanohol, Sakhari-Wadavali and the Central Business District (CBD). The city is planned to house a permanent population of 3 lakh residents. The integrated development at Lavasa City comprises apartments, retail, hotels, an international convention centre, educational institutions, information technology parks, biotech parks and sports & recreation facilities spread across its 5 towns.
Projects[]
Some leading projects executed by HCC include:
- Kishanganga Hydroelectric Plant
- Bandra-Worli Sea Link, Mumbai[4]
- Delhi Faridabad Skyway
- Bogibeel Bridge, Assam
- Delhi Metro Project: Packages MC1A, AMEL C1, AMEL C6, CC30, CC34, CC66
- Ennore Breakwaters, Tamil Nadu
- Farakka Barrage
- Godavari Arch Bridge, Andhra Pradesh
- Idukki Dam, Idukki in Kerala
- Kolkata Metro
- Kudankulam Nuclear Power Plant,
- Lavasa City, near Pune
- Mughal Road Project, J&K
- Mumbai Pune Expressway
- Nathpa Jhakri Hydroelectric Project: Head Race Tunnel and Surge Shaft in Himachal Pradesh
- Nimoo Bazgo Hydel Power Project, J&K
- Pir Panjal Railway Tunnel, J&K
- Rajasthan Atomic Power Plant, Rajasthan
- Aditya Aluminium Project, Sambalpur
- West Bengal Highway Project NH-34
- Parama Island Flyover, Kolkata
- Pare Hydro Electric Project, Arunachal Pradesh
- Anji Khad Bridge, J&K (Under Construction)
- Chennai Metro 12km extension (To begin soon)
References[]
- ^ "Company Profile & Executives - HCC Limited". Wall Street Journal.
- ^ "Stock share price of HCC Limited". BSE India.
- ^ "Wine and wondering with Ajit Gulabchand of Hindustan Construction". The Economic Times. 28 June 2008. Retrieved 16 July 2010.
- ^ "Hindustan Construction Co. Ltd (HCC), Bandra-Worli Sea, Sonia Gandhi". Businesswireindia.com. Archived from the original on 8 July 2011. Retrieved 16 July 2010.
External links[]
- Construction and civil engineering companies of India
- Companies based in Mumbai
- Construction and civil engineering companies established in 1926
- 1926 establishments in British India
- Walchand Group
- Indian companies established in 1926
- Companies listed on the National Stock Exchange of India
- Companies listed on the Bombay Stock Exchange