Patel Engineering, JV clinches new order worth Rs 3,637 crore from NHPC

29 Aug 2023 , 09:57 AM

Patel Engineering Ltd and its joint venture (JV) partner have received a Rs 3,637 crore order from Arunachal Pradesh’s state-owned NHPC.

Patel Engineering stated in its filing that its share in the order is worth Rs 1,818.56 crore.

‘NHPC Limited issued a letter of award to Patel Engineering and the JV partner for the Dibang Multipurpose Project for the construction of civil works for Lot-4,’ according to the filing.

However, Patel Engineering did not mention its partner in the 50:50 JV.

Construction of headrace tunnels, comprising intake, penstocks, powerhouse, pressure shafts, and transformer cavern, is part of the engineering, construction, and procurement (EPC) contract.

In addition, the project comprises the construction of tail race tunnels, pothead yards, and other infrastructure for NHPC’s 2880 MW (12 X 240 MW) Dibang multifunctional project.

The project’s execution timeline is 86 months.

Patel Engineering, based in Mumbai, is an engineering, procurement, and construction (EPC) firm that specializes in tunnels and underground works for hydroelectric and dam projects.

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