Press Release

DBL-HCC JV wins Rs. 4,167 crore Bhadbhut Barrage project

Mumbai, July 23, 2020: Hindustan Construction Company Ltd. (HCC), in a joint venture with Dilip Buildcon Limited (DBL), has been awarded a Rs. 4,167.7 crore contract by the Narmada Water Resources, Water Supply and Kalpsar Department (NWRWS&KD), for design and construction of the Bhadbhut Barrage in . HCC share in the JV is 49% (i.e. Rs.2,042 crore). This is an engineering, procurement, and construction (EPC) contract for construction of Bhadbhut barrage, flood protection embankments and associated works across River Narmada near Bhadbhut village in of Gujarat. The project is to be completed in 48 months. Mr. Arjun Dhawan, Group Chief Executive Officer, HCC said, “This is our second order win in JV with Dilip Buildcon. We are proud to work together on this crucial project for Gujarat that will impact lives by providing water for irrigation, drinking and industrial purposes.” Devendra Jain, Chief Executive Officer of Dilip Buildcon said, “This is an important milestone for us as we embarked on an important project of massive scale in joint venture with HCC. With technical prowess of both partners, we are confident of delivering the project in time. The recent order wins widen the scale of operations and presence in and adds to order backlog.” Bhadbhut barrage consists of 1.7 km long causeway-cum-weir barrage of 600 million cubic meter storage capacity. With 99 gates, the barrage is being constructed 25 km upstream of Narmada's mouth before it enters the sea. The main aim of the barrage is to divert water to Kalpasar dam and prevent saltwater intrusion in . It will also improve groundwater quality.

About HCC: HCC is a business group of global scale developing and building responsible infrastructure through next practices. With an engineering heritage of nearly 100 years, HCC has executed a majority of India's landmark infrastructure projects, having constructed 27% of India's Hydro Power generation and 60% of India's Nuclear Power generation capacities, over 3,960 lane km of Expressways and Highways, more than 360 km of complex Tunnelling and 383 Bridges. Today, HCC Ltd. serves the infrastructure sectors of Transportation, Power and Water. The HCC Group, with a group turnover of Rs. 9,437 crore, comprises of HCC Ltd., HCC Infrastructure Co. Ltd., and Steiner AG in Switzerland.