Tata-hcc snag ₹2,191 crore Indore metro deal

Tata Projects and Hindustan Construction Company (HCC) locked down a ₹2,191 crore deal on 17 March 2025 from the Madhya Pradesh Metro Rail Corporation Limited, putting them in the driver’s seat for Indore’s metro future. They’re tasked with carving out an 8.65 km underground corridor—tunnels and all—stretching from a ramp east of Indore Railway Station to one west of the airport. HCC’s grabbing 55% of the pie, roughly ₹1,205 crore, leaving Tata Projects with the rest, a split that’s got X humming with stock chatter.

Seven stations will dot this stretch—Indore Railway Station, Rajwada, Chota Ganpati, Bada Ganpati, Ramchandra Nagar, BSF/Kalani Nagar, and Airport—each a nod to the city’s pulse. Picture a tunnel boring machine chewing through 11.32 km of earth, linking these hubs under bustling streets. It’s the only underground chunk of Indore Metro’s 31.32 km Phase 1, a lifeline for a city of 2 million-plus. HCC’s metro cred—Mumbai, Chennai—pairs with Tata’s steel-and-tech chops, promising a smooth dig.

The stakes feel real. HCC shares jumped 6% to ₹23.95 on BSE today, a buzz fueled by this win after a lean year—down 33% since last March. For Indore, it’s jobs, less traffic, maybe a cleaner skyline—₹2,191 crore buys a lot of hope. A shopkeeper near Rajwada might grin, picturing fewer honks; a trader at Chota Ganpati might fret over construction dust. Will this duo deliver on time, or will the tunnels test their mettle? The machines are revving—Indore’s watching.