Patel Engineering Bags A Hydropower Project of Rs. 711.29 Crore From North Eastern Electric Power Corporation Limited (neepco).
NEEPCO has awarded a
contract valued at Rs. 711.29 crore to Patel Engineering Limited (“Company” or
“PEL”) for the construction of the 240 MW HEO Hydropower Project located in
Arunachal Pradesh under EPC Mode.
PEL had earlier been
declared L1 (lowest bidder) for this project.
The said project is located
in the Shi Yomi district of Arunachal Pradesh, and is scheduled to be completed
within 44 months.
The Scope of Works include
construction of Civil and associated infrastructure works, testing &
commissioning of Hydro-mechanical Plant & Machinery leading to successful
operation and performance of all the Generating Units of the 240 MW HEO Hydro
Electric Project.
Ms. Kavita Shirvaikar,
Managing Director, Patel Engineering Limited said, “We are proud to have been
awarded the HEO Hydropower project from NEEPCO. This order further cements our
position as a trusted partner for building critical infrastructure for India’s
power sector and strengthens our position in the North-East. Arunachal Pradesh
with its vast and largely untapped hydropower potential, is emerging as a key
region in India’s renewable energy landscape. As we embark on the execution of
the HEO hydropower project, we bring with us decades of experience, a proven
track record in complex hydropower works, and a deep sense of responsibility
towards environmental stewardship and community engagement.”