Mumbai, Sept. 30 -- The MoU establishes a framework for long-term collaboration that brings together the complementary strengths of both organizations. HCC's expertise in heavy civil construction and project execution will be combined with KRCL's proven capabilities in rail systems, operations, and project implementation.

The partnership will particularly focus on complex assignments such as underground and elevated metro systems, NATM tunnelling, railway bridges, and large-scale EPC contracts. Both organizations will jointly identify and bid for opportunities under varied contractual frameworks, including EPC, design-build, unit-rate contracts, PPP arrangements, and other advanced procurement models. The MoU also provides for the format...