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Patel Engineering successfully bids for Dibang Multipurpose Project worth Rs 3637.12 cr

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Capital Market

Patel Engineering has emerged as L1 bidder in Financial Bid Opening through e] Reverse Auction for the tender invited by NHPC, for Construction of Civil Works for LOT]4: Comprising Head Race Tunnels including Intake, Pressure Shafts, Penstocks, Power House & Transformer Cavern, Tail Race Tunnels, Pothead Yard, Adits etc. for Dibang Multipurpose Project 2880 MW (12 X 240 MW), located in Arunachal Pradesh, India.

The said Project is to be executed in a period of 86 months.

The Project is to be executed in a Joint Venture, of which PELfs share is 50%.

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First Published: Mar 23 2023 | 5:39 PM IST

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