HCC’s infrastructure business is mainly focused on developing, operating and maintaining Road Projects under Public Private Partnership (PPP) model. HCC Infrastructure Company Limited, a wholly owned subsidiary of HCC Limited, has two subsidiaries, namely HCC Concessions Limited (HCON) and HCC Operations & Maintenance Limited (HOML) respectively to effectively manage the portfolio. In 2011, HCC Infrastructure partnered with the Xander Group at HCC Concessions for development of the assets.
HCON has developed and maintained a premium portfolio of DBFOT (Design, Build, Finance, Operate and Transfer) assets that generated stable, diversified and sizeable cash flow streams with a high return on equity. HCON has developed a portfolio of ~Rs. 7,000 Crore of road assets under the Government of India’s National Highway Development Program, being executed through National Highways Authority of India (NHAI). HCON has divested its stake in three road projects.
Baharampore Farakka Highways Ltd has been operational since may 2014 and earning higher than anticipated revenue with a huge potential for future growth with the development of untapped development potential in west bengal and north-east india. the project is a 101 km section between baharampore and farakka on nh 34 in the state of west bengal with a concession period of 25 years and an asset value of over rs. 2,000 crore.>
HOML is committed to provide reliable, safe and world class operations and maintenance services to its client and the road users. HOML has been successful in managing Operations & Maintenance of 200 km of National Highways in the busiest commercial route in West Bengal.
The Company’s focus is on the development of large public infrastructure assets through PPP and has been evaluating NHAI projects under Hybrid Annuity Model (HAM), a low-risk model, for future investments, besides evaluating the opportunities to engage with potential players for offering end-to-end services for Operations and Maintenance.