Patel Engineering Limited
one of India's leading infrastructure development companies, has been declared
the Lowest Bidder (L1) for two significant infrastructure projects—an urban
infrastructure development project and a hydropower project — underscoring its
continued commitment to nation-building and sustainable development.
The Urban infrastructure
project is valued at 1,318.89 crore, declared L1 by City & Industrial
Development Corporation of Maharashtra Limited (CIDCO) for “Construction of
Kondhane Dam and its allied works” using Roller Compacted Concrete Technology
located in the state of Maharashtra, Village – Kondhane, Taluka - Karjat,
District – Raigad and is to be executed in a period of 42 months. The scope of
works includes Civil Works for the dam construction having a length of 1209m
and 83m height along it’s allied works as well as Hydro Mechanical and
Electrical works including 3 radial gates and electrical & manual gate
control and other electrification works.
Also, the hydropower
project worth Rs. 718 crores (including taxes) was declared L1 by NORTH EASTERN
ELETRIC POWER CORPORATION LIMITED(NEEPCO) for the 240 MW HEO Hydro Electric
Project located in Arunachal Pradesh. The project is to be completed in a
period of 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 Ltd., commented:
"We are proud to have
emerged lowest bidder for two projects valued at more than Rs. 2,000 crores,
marking just the right beginning for FY-26, and we remain optimistic about even
greater opportunities in the future. The hydropower project reflects our strong
capabilities in this sector and our commitment to supporting India's renewable
energy goals. The urban infrastructure project represents another step forward
in improving the livability and resilience of our cities. We are proud to
contribute to India’s development journey and remain focused on executing these
projects with excellence and efficiency."
For more information on the Company, please log on to www.pateleng.com