HCC bags ₹127 crore Bhutan Hydropower contract, stock edges up

The contract provides to HCC’s longstanding footprint in Bhutan, spanning over three a long time.

Hindustan Building Firm (HCC) on Friday secured a ₹127 crore contract from Wangchhu Hydroelectric Energy Restricted (WHPL) in Bhutan for building works on the Wangchhu Hydroelectric Undertaking. The contract is to be accomplished inside 9 months.

The scope of labor covers building of diversion tunnels, hydromechanical gates, and cofferdams — buildings vital for enabling early graduation of the mission’s major civil works. The award adopted WHPL’s technical and monetary analysis course of.

HCC’s stock responded modestly, buying and selling at ₹24.14 on the NSE as of noon Friday, up 0.63 per cent from the earlier shut of ₹23.99. Traded quantity stood at round 2.60 crore shares with a traded worth of ₹62.97 crore, reflecting lively market curiosity. The stock has gained over 26 per cent year-to-date however stays about 18.5 per cent beneath its 52-week excessive of ₹31.42.

The contract provides to HCC’s longstanding footprint in Bhutan, spanning over three a long time, by initiatives together with Tala (1,020 MW), Punatsangchhu-I (1,200 MW), and Nikachhu (118 MW). The corporate has constructed 26 per cent of India’s put in hydropower capability.

Bhutan is concentrating on 6,000 MW of put in hydropower capability below its thirteenth 5-12 months Plan (2024–29), positioning the nation as a major marketplace for infrastructure contractors with hydropower experience. HCC at the moment carries a market capitalisation of roughly ₹6,331 crore.

Printed on June 5, 2026