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HCC wins first International Nuclear Power contract in Bangladesh

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Infrastructure major, Hindustan Construction Company Ltd. (HCC), in the joint venture with MAX Group, a leading construction company in Bangladesh has been awarded US$ 110 million (Rs.737 crore) contract by Russia’s State Nuclear Company, JSC Atomstroyexport, for civil works of Turbine Island for Unit 1 of Rooppur Nuclear Power Plant. HCC’s share in the JV is 40% (US$ 44 million / Rs.295 crore).

The Rooppur Nuclear Power Plant 190 km northwest of Dhaka will be built with Russian technology and is equipped with two VVER Reactors of 1200 MW each. These reactors are similar to the Kudankulam Nuclear Power Plant in Tamil Nadu.

Commenting on the new order win, Mr. 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.”

Recently, India signed an agreement with Bangladesh for civil nuclear cooperation, under which India has extended expertise and project support for Bangladesh’s first nuclear power plant. India not being a member of Nuclear Suppliers Group (NSG) cannot participate directly in the construction of atomic power reactors. But Indian companies can be involved in construction and installation works and in the supply of equipment of non-critical category. HCC is the only Indian company which has successfully constructed the nuclear power project with Russian VVER type Light Water nuclear reactors. Read more