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Patel Engineering with JV partner secures contract for Dibang Multipurpose Project

Monday, 28 Aug 2023
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Civil construction firm Patel Engineering (PEL) along with its joint venture (JV) partner has received a letter of award (LoA) from NHPC for civil works for Lot-4 of the Dibang multi-purpose project 2,880 MW (12 X 240 MW) in Arunachal Pradesh. The contract is valued at Rs 3,637.12 crore.

The engineering, procurement, and construction (EPC) contract involves the construction of headrace tunnels including intake, pressure shafts, penstocks, power house and transformer cavern, tailrace tunnels, pothead yard, adits and other related works for the project.

With PEL holding 50 percent partnership in the JV, its investment in the project is Rs 1,818.56 crore.

As per the contract, PEL is expected to execute the work in 86 months from the commencement date.

 

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