Hindustan
Construction Company Limited (HCC) has signed a strategic Memorandum of
Understanding (MoU) with Konkan Railway Corporation Limited (KRCL) to jointly
pursue and execute large-scale railway and multi-modal transport infrastructure
projects across India and international markets.
The
MoU establishes a framework for long-term collaboration that brings together
the complementary strengths of both organizations. HCC’s expertise in heavy
civil construction and project execution will be combined with KRCL’s proven
capabilities in rail systems, operations, and project implementation. Together,
the partners will deliver integrated, end-to-end solutions across the full
spectrum of transport infrastructure, including civil works, track laying,
signalling, electrification, MEP systems, operations and maintenance, and other
critical components of modern transport networks.
The
partnership will particularly focus on complex assignments such as underground
and elevated metro systems, NATM tunnelling, railway bridges, and large-scale
EPC contracts. Both organizations will jointly identify and bid for
opportunities under varied contractual frameworks, including EPC, design-build,
unit-rate contracts, PPP arrangements, and other advanced procurement models.
The MoU also provides for the formation of joint ventures, consortia, or other
collaborative structures tailored to project requirements.
Commenting
on the development, Mr. Arjun Dhawan,
Vice Chairman & Managing Director, HCC, said, “This MoU underscores
HCC’s commitment to creating synergies with public sector leaders like KRCL to
meet the growing demand for technically advanced and high-value infrastructure.
By combining capabilities, we aim to expand our presence in both domestic and
international markets while delivering fully integrated transport solutions
that span civil construction and rail systems.”
Mr. Santosh Kumar Jha, Chairman & Managing Director,
KRCL, added, “Konkan Railway Corporation is
pleased to join hands with HCC to jointly pursue infrastructure projects of
national and international significance. With our combined expertise, we are
well-positioned to execute complex projects, extend our operational footprint,
and contribute meaningfully to the advancement of modern transport networks.”
This
strategic alliance is expected to unlock new opportunities for both partners,
reinforcing their ability to deliver world-class transport infrastructure and
contribute to the broader development of India’s and other nations’
infrastructure ecosystems.
