Hindustan Construction wins Rs737 crore contract for Bangladesh nuclear power plant

[fitpOsitive]

Indian companies winning business in Bangladesh without Indian influence is as likely as me turning into George Clooney. Not happening.

One thing that I never understood about Bangladeshis. Indian stood by you guys in 1971, why you both are not friends now? Why it always one or the other kicking?

 

[KapitaanAli]

One thing that I never understood about Bangladeshis. Indian stood by you guys in 1971, why you both are not friends now? Why it always one or the other kicking?

When did PDF became a reflection of the world!

 

[fitpOsitive]

When did PDF became a reflection of the world!

Its been long time.

 

[AMCA]

Sadly we will see glowing Bangladeshis walking around soon. India has trouble building toilets, tejas, subs and now BD nuclear plant will fail

Aaap bhi na !! Mazaaak bhut acche karte ho !! This company has built several nuclear power plants in India, I dont see no glowing Indians walking on the street or may be because we are dark

 

[Trango Towers]

Aaap bhi na !! Mazaaak bhut acche karte ho !! This company has built several nuclear power plants in India, I dont see no glowing Indians walking on the street or may be because we are dark

Mate I see all Indians glowing. All related to homer Simpson. Joking of course......no ways are you related to homer.

 

[Black_cats]

Last Updated : Jun 06, 2018 12:48 PM IST | Source: Moneycontrol.com
HCC surges 7% on contract win by JV in Bangladesh worth Rs 737 cr
The company's share in the joint venture is 40 percent (USD 44 million / Rs 295 crore).
Moneycontrol News@moneycontrolcom

https://www.moneycontrol.com/news/b...jv-in-bangladesh-worth-rs-737-cr-2583899.html

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07 Jun, 2018 15:16

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Share price of Hindustan Construction Company (HCC) surged 7 percent intraday Wednesday as company won a contract worth Rs 737 crore.

The company in joint venture with MAX Group in Bangladesh has been awarded USD 110 million (Rs737 crore) contract by Russia's State Nuclear Company, JSC Atomstroyexport.

The contract includes civil works of Turbine Island for Unit 1 of Rooppur Nuclear Power Plant.


The company's share in the joint venture is 40 percent (USD 44 million / Rs 295 crore).



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The Rooppur Nuclear Power Plant 190 km northwest of Dhaka will be built with Russian technology and is equipped with two WER Reactors of 1200 MW each.

Arjun Dhawan, Director and Group CEO, HCC said, "HCC has become the first Indian company to participate in the international civil nuclear market.”

“We are confident of delivering this job on time with precision in quality, safety, and state-of-the-art technology. We look forward to further project awards in Rooppur NPP and expanding our infrastructure footprint in Bangladesh," he added.

At 12:36 hrs Hindustan Construction Company was quoting at Rs 14.85, up Rs 0.76, or 5.39 percent on the BSE.

Posted by Rakesh Patil

 

[Karna_007]

as if BD had a choice
qarz-e-wafadari

India has tons of mega construction companies who are doing huge projects in many parts of the world.
One of the companies like L&T itself is a 16 billion dollar revenue/year company and so no wonder if indian
companies gets awarded.

 

[T-Rex]

I believe HCC is an EPC company and they have insurance for any faulty design issued or constructed by them. If they do a faulty design deliberately they will have to pay the price eventually.

And who'll pay the price if the fault is accidental? You know how a deliberate mistake can be portrayed by a shrewd lawyer as accidental.

 

[bluesky]

Share price of Hindustan Construction Company (HCC) surged 7 percent intraday Wednesday as company won a contract worth Rs 737 crore.

It is good to see that the share prices of Indian companies surge when it has contracts in the lucrative market of Bangladesh.

@TopCat, you should have bought its shares. Do not make mistakes next time.

 

[Black_cats]

It is good to see that the share prices of Indian companies surge when it has contracts in the lucrative market of Bangladesh.

@TopCat, you should have bought its shares. Do not make mistakes next time.

On the flip side the company’s share is down 66% in the last 1 year.

 

[AMCA]

Mate I see all Indians glowing. All related to homer Simpson. Joking of course......no ways are you related to homer.

Mixed reaction reading this !! Was that an insult ??

 

[kaykay]

On the flip side the company’s share is down 66% in the last 1 year.

Well thats ideal case to buy it now for long term. lolz

 

[bluesky]

Below is a link for Max group of BD, the main partner of the JV with HCC. Max is a very large and efficient company.
http://maxgroup-bd.com/

 

[Ryuzaki]

Once India gets into NSG,we will see fully Indian designed nuclear reactors in Bangladesh

 

[bluesky]

Once India gets into NSG,we will see fully Indian designed nuclear reactors in Bangladesh

Keep on dreaming. Where do you see an Indian reactor in Rooppur? It is only civil construction that your HCC will be doing.