The project will be executed by the Aakshya-HCC Joint Venture, where HCC holds a 49% stake.
The contract covers construction of a second-level flyover and free-left at-grade movements in Phase I, including a 1,330-metre flyover, 3,200-metre at-grade road, and 2,620-metre free-left at grade. Phase II includes a cloverleaf interchange and free-left bypasses at grade, spanning 2,400 metres for the cloverleaf loop and 3,600 metres for free-left bypasses. The project also entails a 180-metre cable-stayed span and ramps totaling 270 metres.
The GMLR Phase IV project is part of BMC’s broader plan to improve east-west connectivity across Mumbai, enhancing traffic flow and reducing congestion in the corridor.
HCC said the order reinforces its position in executing complex urban infrastructure projects in India, combining elevated flyovers, at-grade roads, and advanced interchange designs.
Hindustan Construction Company (HCC) is the flagship company of Hindustan Construction Company Group (HCC Group) and is involved in engineering and construction of infrastructure projects such as dams, tunnels, bridges, hydro, nuclear and thermal power plants, expressways and roads, marine works, water supply, irrigation systems and industrial buildings across the country.
The company reported consolidated net loss of Rs 22.42 crore in Q3 FY26 as against net loss of Rs 255.56 crore in Q3 FY26. Revenue from operations fell 8.1% to Rs 925.32 crore in Q3 FY26 as against Rs 1,006.81 crore in Q3 FY25.
Shares of Hindustan Construction Company shed 0.13% to trade at Rs 15.64 on the BSE.