Mumbai-based Hindustan Construction Company today said it has started talking to global players as part of its strategy to get into infrastructure business like airport modernisation and hydro-electric power projects.

"We have started dialogues with global companies which have expertise in these fields for potential joint ventures, as part of our new plan to undertake infrastructure projects,"said a company official.

In line with the strategy, the company has also formed a 100% subsidiary, HCC Infrastructure, which would undertake these projects.

"The subsidiary would look into BOT (build, operate and transfer) and PPP (public private partnership) projects in the infrastructure space including road construction," the official added.

However, the construction major is yet to decide which airport or road projects to bid for.

The company recently undertook a restructuring exercise to form five business entities - HCC Infrastructure, HCC Construction, HCC Real Estate, Lavasa and HCC Capital.

It has also roped in Vinayak Deshpande from the Tata Group as head of its EPC and construction business.