Patel Engineering Ltd along with its joint venture (JV) partner have bagged a Rs 3,637 crore order from state-owned NHPC in Arunachal Pradesh. In a regulatory filing, Patel Engineering said its share in the contract is Rs 1,818.56 crore. The company did not name its JV partner in filing.
“Patel Engineering along with the JV partner has received letter of award for Dibang Multipurpose Project for construction of civil works for Lot-4 from NHPC Limited,” the filing said.
The partnership will be a 50:50 one and the contract includes construction of head race tunnels including intake, pressure shafts, penstocks, power house and transformer cavern.
The work in the engineering, construction and procurement (EPC). The project includes construction of tail race tunnels, pothead yard etc for NHPC’s 2880 MW (12 X 240 MW) Dibang multipurpose project.
The timeline for execution of the project is 86 months.
Mumbai-based Patel Engineering is an engineering, procurement, and construction (EPC) firm with a strong presence in tunnels and underground works for hydroelectric and dam projects.