Patel Engineering wins major contract for India’s largest hydropower project
- March 23, 2023
Patel Engineering Ltd, in the joint venture, has been declared L1 for a civil works package relating to NHPC’s 2,880-MW Dibang multipurpose project in Arunachal Pradesh.
In a stock exchange communication, Patel Engineering said that its joint venture with an unnamed partner has been declared L1 for a Rs.3,637.12-crore contract relating to the Dibhang project, said to be India’s largest hydropower project by current thinking.
Patel Engineering has a share of 50 per cent the joint venture. The company’s share in the contract value is Rs.1,818.56 crore, and the completion period is 86 months.
The contract relates to civil works for Lot-4 and covers head race tunnels including intake, pressure shafts, penstocks, powerhouse and transformer cavern, tail race tunnels, pothead yard, adits, etc.
Shaping India’s infrastructure
According to Rupen Patel, Chairman & Managing Director, Patel Engineering, “We are extremely happy and thrilled to be a part of this mega project which will help shape India’s infrastructure as well as contribute to the local surroundings, the people there and the state of Arunachal Pradesh. The Company is currently executing other projects as well in the same state and our experience will help give us an advantage in executing this project.”
Also read: Patel Engineering Lands Contract For Teesta-IV Hydropower Project
CCEA clearance
In late February this year, the Cabinet Committee on Economic Affairs (CCEA) accorded approval for incurring an expenditure of Rs.1,600 crore on pre-investment activities and various clearances for the Dibang multipurpose project in Arunachal Pradesh, being developed by NHPC Ltd.
With an installed capacity of 2,880 MW, coming from 12 units of 240-MW each, the Dibang project in Arunachal Pradesh is India’s largest hydropower scheme, by current thinking.
The total estimated project is Rs.28,080 including interest during construction (IDC) and financial charges of Rs.3,975 crore at the June 2018 price level.
The estimated completion period for the project shall be nine years from receipt of government sanction.
The project shall generate 11,223 million kWh (MU) of energy in a 90 percent dependable year. The envisaged dam is 278m high – the tallest in India.
Featured photograph is for representation only.
