New Launch21 May 2025, 08:24 am
Patel Engineering Wins Rs. 711.29 Crore Hydro Power Project from NEEPCO
AI Summary
Patel Engineering Ltd. has received a Letter of Acceptance for a Hydro Power Project of Rs. 711.29 crores from North Eastern Electric Power Corporation Limited (NEEPCO). The company, which was earlier declared the lowest bidder (L1) for the construction of the 240 MW HEO Hydropower Project located in Arunachal Pradesh, will now construct the project under EPC mode. The project is scheduled to be completed within 44 months and involves the 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.
Key Highlights
- Patel Engineering wins a Rs. 711.29 crore hydro power project from NEEPCO
- The project is the 240 MW HEO Hydropower Project located in Arunachal Pradesh
- The project will be constructed under EPC mode within 44 months
- The scope of works includes construction of Civil and associated infrastructure works, testing & commissioning of Hydro-mechanical Plant & Machinery
- Patel Engineering was earlier declared the lowest bidder (L1) for the project