Joint Venture18 Sept 2026, 10:36 am
DMR Engineering JV Secures ₹70 Cr Hydro Electric Project Contract
AI Summary
DMR Engineering Ltd, as the Lead Member in a Joint Venture with Shri Balaji Hydro Construction Private Limited, has received a Letter of Award (LoA) for the formation of a new JV Company. This JV will execute Package-I works for the 24.60 MW Kamlang Small Hydro Electric Project in Arunachal Pradesh. DMR will hold a 51% stake in the JV, with SBHCPL holding 49%. The contract, awarded by Arun Shakti Energy Private Limited, has a tenure of 780 days and an aggregate value of Rs. 70 Crore, exclusive of GST. The scope includes construction of a Coffer Dam for River Diversion and Barrage.
Key Highlights
- DMR Engineering forms JV for ₹70 Cr hydro project.
- JV to construct coffer dam and barrage for 24.60 MW project.
- DMR to hold 51% equity in the new joint venture.
- Contract duration is 780 days.
- Awarded by domestic entity Arun Shakti Energy Private Limited.
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