Latest news with #HEOHydroElectricProject
Business Standard
21-05-2025
- Business
- Business Standard
Patel Engineering wins Rs 711 cr contract from NEEPCO
For construction of 240 MW HEO Hydropower Project in Arunachal Pradesh NEEPCO has awarded a contract valued at Rs. 711.29 crore to Patel Engineering 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.
Business Standard
25-04-2025
- Business
- Business Standard
Patel Engineering successfully bids for Rs 718 cr 240 MW HEO Hydro Electric Project
NEEPCO has declared a Mumbai based infrastructure company, Patel Engineering as L1 for a Rs. 718 crore (including tax) contract for the 240 MW HEO Hydro Electric Project located in Arunachal Pradesh. The project, expected to generate 1,000 million units (MU) of energy annually, aims to improve power supply in the state and contribute to the balancing of the national grid. The project is to be completed in a period of 44 months. The said project is located in the Shi Yomi district of Arunachal Pradesh. 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.
Business Upturn
25-04-2025
- Business
- Business Upturn
Patel Engineering stock in focus after emerging as L1 bidder for two major projects worth over ₹2,036 crore
Patel Engineering Ltd shares are likely to be in focus after the company announced it has emerged as the lowest bidder (L1) for two major infrastructure projects worth a combined value of ₹2,036.89 crore, one in the hydropower segment and the other in urban infrastructure. In a regulatory filing on April 25, 2025, the Mumbai-based infrastructure player informed exchanges that it has secured the L1 status for a ₹718 crore contract from the North Eastern Electric Power Corporation Limited (NEEPCO). The contract pertains to the 240 MW HEO Hydro Electric Project in Shi Yomi district of Arunachal Pradesh, which aims to generate 1,000 million units of power annually. The project includes civil works and commissioning of hydro-mechanical plant and machinery and is expected to be completed within 44 months. On the same day, Patel Engineering also reported that it has been declared L1 for a ₹1,318.89 crore urban infrastructure project by the City & Industrial Development Corporation of Maharashtra Ltd (CIDCO). This project involves the construction of the Kondhane Dam and allied works in Karjat, Raigad district, using Roller Compacted Concrete Technology. The dam will have a length of 1,209 meters and a height of 83 meters, and the contract includes hydro-mechanical and electrical works, including installation of three radial gates and gate control systems. The project is slated for completion in 42 months. These twin orders highlight Patel Engineering's growing presence in both hydropower and urban infrastructure segments. The company, which has been operating since 1949, has a longstanding track record of executing complex infrastructure projects, including over 85 dams, 40 hydroelectric plants, and more than 300 km of tunnelling. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always consult with a qualified financial advisor before making investment decisions. News desk at
Business Upturn
25-04-2025
- Business
- Business Upturn
Patel Engineering wins Rs 2,037 crore contracts for Dam and Hydro projects
Patel Engineering Limited (PEL), a Mumbai-based infrastructure company, has been declared as the Lowest Bidder (L1) for two significant projects in India, with a combined value of over ₹2,000 crore. Kondhane Dam Project in Maharashtra The City and Industrial Development Corporation (CIDCO) has selected Patel Engineering for a ₹1,318.89 crore contract for the construction of the Kondhane Dam and its allied works. The dam will be built using Roller Compacted Concrete (RCC) technology. The project is located in Kondhane village, Karjat Taluka, Raigad district, Maharashtra, and is scheduled to be completed within 42 months. Project Scope: Construction of a dam with a length of 1,209 meters and a height of 83 meters. Associated civil works. Hydro-mechanical and electrical works, including installation of three radial gates. Electrical and manual gate control systems. Other required electrification works. HEO Hydro Electric Project in Arunachal Pradesh In another development, the North Eastern Electric Power Corporation (NEEPCO) has declared Patel Engineering as L1 for a ₹718 crore contract (including taxes) for the 240 MW HEO Hydro Electric Project in Arunachal Pradesh. The project aims to generate 1,000 million units (MU) of electricity annually, contributing to regional power supply and national grid stability. The project is located in Shi Yomi district, Arunachal Pradesh, with a scheduled completion timeline of 44 months. Project Scope: Civil and associated infrastructure construction. Testing and commissioning of hydro-mechanical plant and machinery. Successful operation and performance of all generating units of the 240 MW hydroelectric facility. Patel Engineering's selection for these projects adds to its portfolio of large-scale infrastructure development contracts across the country. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
