Hindustan Construction Company Limited (HCC) has been awarded a major infrastructure contract valued at approximately ₹1,662 crore by the Brihanmumbai Municipal Corporation (BMC).
This contract is for the construction of the Goregaon-Mulund Link Road (GMLR) Phase IV, a project aimed at improving east-west connectivity in Mumbai.
The contract has been awarded to the Aakshya-HCC Joint Venture, in which HCC holds a 49% stake. The project involves the construction of a second-level flyover and free-left movements at grade in Phase I.
The flyover will span 1,330 metres, while the at-grade road will extend to 3,200 metres, and the free-left at-grade length will be 2,620 metres.
Phase II of the project includes the construction of a cloverleaf interchange and free-left bypasses at grade.
The total cloverleaf loop and interchange will cover 2,400 metres, with free-left bypasses extending to 3,600 metres. Additionally, the project will feature an obligatory cable-stayed span of 180 metres and ramps totalling 270 metres in length.
The GMLR corridor is a crucial development by BMC to enhance the transportation network in Mumbai.
By improving east-west connectivity, the project is expected to ease traffic congestion and facilitate smoother transit across the city.
Read More: Mastek Secures £15 Million FCA Contract; Strengthens UK Digital Transformation Pipeline!
HCC is a prominent business group known for developing and building responsible infrastructure. With an engineering heritage spanning nearly 100 years, HCC has executed numerous landmark infrastructure projects in India.
The company has constructed 26% of India's hydro power generation and 60% of its nuclear power generation capacities, along with over 4,036 lane km of expressways and highways, more than 402 km of complex tunnelling, and 403 bridges.
As of March 19, 2026, at 11:08 AM, Hindustan Construction Company share price on NSE was trading at ₹15.56 down by 0.58% from the previous closing price.
HCC's acquisition of the ₹1,662 crore GMLR Phase IV contract underscores its significant role in India's infrastructure development. The project, aimed at enhancing Mumbai's connectivity, highlights HCC's continued commitment to delivering impactful infrastructure solutions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 19, 2026, 12:22 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
