Hindustan Construction Company has secured a contract worth ₹127 crore from Wangchhu Hydroelectric Power Limited (WHPL), Bhutan, for construction works related to the Wangchhu Hydroelectric Project. The award marks a continued engagement for the company in Bhutan's hydropower sector, supporting the country's target of 6,000 MW of installed capacity under its 13th Five-Year Plan (2024–29).

Project Scope and Details

The contract encompasses the construction of diversion tunnels, hydromechanical gates, and cofferdams. These components are critical for enabling the early commencement of the project's primary civil works and maintaining the overall implementation schedule. The award follows WHPL's technical and financial evaluation process.

Key details of the contract are outlined below:

Completion Timeline and Strategic Context

The project is scheduled to be completed within nine months from the commencement of work. HCC has maintained a presence in Bhutan for over three decades, contributing to the country's hydropower capacity through projects such as Tala (1020 MW), Kurichu (60 MW), Punatsangchhu-I (1200 MW), Dagachhu (114 MW), and Nikachhu (118 MW). The company has also executed 26% of India's installed hydropower capacity.

hindustan construction company has informed the exchanges regarding the demise of its Independent Director, Mr. Mahendra Singh Mehta. The event occurred on Friday, May 22, 2026. Following this development, Mr. Mehta has ceased to be a director on the board of the company.

Mr. Mehta had been associated with the Board since 2019. During his tenure, he contributed significantly to the company's operations and governance. The Board of Directors and the employees of Hindustan Construction Company Ltd have conveyed their deepest condolences to the bereaved family.

The disclosure was submitted to the stock exchanges in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the intimation was made to ensure regulatory adherence following the vacancy created by the director's passing.

Details of the Change

The company provided specific details regarding the cessation of the director's role in the annexure to the regulatory filing.

The intimation was signed by Nitesh Kumar Jha, Company Secretary of Hindustan Construction Company Ltd. The company is headquartered at Hincon House, LBS Marg, Vikhroli (West), Mumbai.