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Hindustan Construction Company

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Hindustan Construction Company (HCC) Limited
Company typePublic
BSE: 500185
NSE: HCC
ISININE549A01026
Founded27 January 1926
FounderSeth Walchand Hirachand
HeadquartersHincon House, Vikhroli (West) Mumbai, India
Key people
  • Ajit Gulabchand (chairman &​ MD)
  • Arjun Dhawan (CEO)
  • Shailesh Sawa (CFO)
  • Ajay Singh (company​ secretary)
RevenueIncrease₹81.50 billion (US$980 million) (2012–2013)[1]
Increase₹39,751.85 million (US$480 million) (2010–2011)
Number of employees
1,900 (2017)
Subsidiaries
  • Highbar Technologies Ltd.
  • Lavasa Corporation Ltd.
  • HCC Infrastructure Co. Ltd.
  • HCC Real Estate Ltd.
  • Steiner AG
Websitewww.hccindia.com

Hindustan Construction Company Limited or HCC Limited is a construction company headquartered in Mumbai, India whose businesses span the sectors of Engineering & Construction, Real Estate, Infrastructure, Urban development & Management. The HCC group of companies comprises HCC Ltd. and its subsidiaries HCC Real Estate Ltd., HCC Infrastructure Co. Ltd., Lavasa Corporation Ltd., Steiner AG in Switzerland and Highbar Technologies Ltd.

Founded by Industrialist Seth Walchand Hirachand in 1926, HCC Ltd. executes large-scale civil engineering and infrastructure projects such as hydel power plants, nuclear power plants, expressways and highways, tunnels and bridges. HCC currently serves the infrastructure sectors of transportation, power and water. HCC was the first construction company in India to be certified ISO 9001, ISO 14001 and OHSAS 18001 for its quality, environmental and occupational health and safety management systems. The company is headed by Ajit Gulabchand,[2] chairman & managing director (CMD) and Arjun Dhawan, who is the group's Chief executive officer.

HCC is also developing Lavasa, a planned hill city set in the Sahayadri Mountains. Lavasa is spread amidst 23,000 acres and is a 3-hour drive from Mumbai and an hour's drive from Pune. The master plan for Lavasa has been developed by the design consultant HOK International Limited, USA. Lavasa is slated to have 5 towns - Dasve, Mugaon, Dhamanohol, Sakhari-Wadavali and the Central Business District (CBD). The city is planned to house a permanent population of 3 lakh residents. The integrated development at Lavasa City comprises apartments, retail, hotels, an international convention centre, educational institutions, information technology parks, biotech parks and sports & recreation facilities spread across its 5 towns.

Notable projects

A view of Delhi Faridabad Skyway.

Some leading projects executed by HCC include:

Sustainability at HCC

HCC's Sustainability Reporting for 2010, 2011 and 2012 have been consecutively categorized by the Global Reporting Initiative (GRI) with Application Level Check A+.

HCC's initiatives towards corporate social responsibility include capacity building of its engineers for disaster relief and restoration work, Work Place Intervention (WPI) programs for HIV/AIDS, practices that ensure water neutrality at its construction sites, investment in education, focused community development and sustainability .

References

  1. ^ 2010 BSE Data
  2. ^ "Wine and wondering with Ajit Gulabchand of Hindustan Construction". The Economic Times. 28 June 2008. Retrieved 16 July 2010.
  3. ^ "Hindustan Construction Co. Ltd (HCC), Bandra-Worli Sea, Sonia Gandhi". Businesswireindia.com. Archived from the original on 8 July 2011. Retrieved 16 July 2010.
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