Patel Engineering awarded ₹711 cr hydro project in Arunachal by NEEPCO
New Delhi:
Patel Engineering
Ltd (PEL) has received a Letter of Acceptance (LoA) from North Eastern Electric Power Corporation Ltd (
NEEPCO
) for the construction of the 240 MW HEO hydroelectric project in Arunachal Pradesh at a contract value of ₹711.29 crore.
The project, located in Shi Yomi district of Arunachal Pradesh, will be executed under the Engineering, Procurement and Construction (EPC) mode with a completion timeline of 44 months.
PEL was previously declared as the L1 (lowest) bidder for the project.
The contract scope includes execution of civil and associated infrastructure works, supply, installation, testing and commissioning of hydro-mechanical plant and machinery, and ensuring successful operation and performance of all generating units of the HEO hydroelectric project.
'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,' said Kavita Shirvaikar, Managing Director, Patel Engineering Ltd.
Established in 1949, Patel Engineering Ltd operates in hydropower, tunnelling and irrigation segments and has executed more than 85 dams, 40 hydroelectric projects, and over 300 km of tunnelling in India and abroad.
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