Hindustan Construction Company Ltd (HCC) has informed BSE that the Company has received a Letter of Acceptance from Indian Strategic Petroleum Reserves Ltd., New Delhi, for construction of Civil Works for Underground Rock Caverns (Part A) for Strategic Storage of Crude Oil Project at Padur in Karnataka.
The value of the contract is Rs. 374.66 Crore. The project is to be completed in 36 (thirty six) calendar months from the date of issue of this Letter of Acceptance.
Wednesday, December 30, 2009
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