Hindustan Construction & Konkan Railway Inks Strategic MoU

Hindustan Construction Company (HCC) has signed a strategic memorandum of understanding (MoU) with Konkan Railway Corporation (KRCL) for multimodal and advanced railway and transport infrastructure projects in India and internationally.

The MoU describes a long-term partnership that can use HCC expertise in heavy civil construction and execution with KRCL scope of rail systems, operations and implementation. The partnership will address complex projects including metro systems, NATM tunnelling, railway bridges, and larger EPC contracts.

The companies will work jointly to pursue development opportunities using a variety of models including EPC, design-build, PPP and unit rate contracts. The MoU allows for joint ventures, consortia or specific collaboration.

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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."

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."

Hindustan Construction Company (HCC) is engaged in the engineering and construction of large infrastructure projects. The companys consolidated net profit soared 355% to Rs 104.83 crore on 8% rise in revenue from operations to Rs 616.93 crore in Q1 FY26 over Q1 FY25.