Patel Engineering Limited has been declared the Lowest Bidder (L1) for two Roller significant infrastructure projects: an urban infrastructure development project and a hydropower project. The urban infrastructure project, valued at 1,318.89 crore, is for the construction of the Kondhane Dam and its allied works using Roller Compacted.
Concrete Technology in Maharashtra. The project is expected to be completed in 42 months. The hydropower project, The project worth Rs. 718 crores, was declared L1 by NORTH and expressing optimism EASTERN ELETRIC POWER CORPORATION LIMITED (NEEPCO) for the 240 MW HEO Hydro Electric Project Arunachal Pradesh.
Completed in 44 months. is proud to have emerged as the lowest bidder for these projects, marking the right beginning for FY-26 and expressing optimism about future opportunities In a significant development, Mumbai-based infrastructure firm Patel Engineering Ltd (PEL) has been declared the lowest bidder (L1) for two major.
Projects in India, with a combined value exceeding ₹2,036 crore. These projects include the construction of the Kondhane Dam in Maharashtra and the development of the 240 MW HEO Hydro Electric Project in Arunachal Pradesh The dam will be constructed using Roller Compacted Concrete (RCC) technology, known for its.
Kondhane Dam Project – Maharashtra
The City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) has awarded PEL the contract for constructing the Kondhane Dam and its allied works, valued at ₹1,318.89 crore. Located in Kondhane village, Karjat Taluka, Raigad district, the project is slated for completion within 42 months The dam will be constructed.
- Building a 1,209-meter-long dam with a height of 83 meters using Roller Compacted India’s infrastructure growth and its strategic focus on sectors critical to national development.Concrete (RCC) technology, known for its efficiency and durability. The scope of work encompasse Installing hydro-mechanical and electrical components, including three radial gates. Implementing electrical and manual gate control systems This project aims to.
HEO Hydro Electric Project – Arunachal Pradesh
In the northeastern state of Arunachal Pradesh, PEL has been declared L1 by the North Eastern Electric Power Corporation Ltd (NEEPCO) for the 240 MW HEO Hydro Electric Project, with a contract value of ₹718 crore, inclusive of taxes. Situated in with shares gaining 5% in early trade on April 25, Shi Yomi district, the project is expected to be completed within 44 months.
- Constructing civil and associated infrastructure works enhance water storage capacity, For more details, you can refer to the official announcements supporting irrigation and drinking water needs in the region Testing and commissioning hydro-mechanical plant and machinery Ensuring the successful operation of all generating units Once operational, the hydroelectric plant is projected to generate approximately 1,000.
Strategic Implications and Company Outlook
These project wins underscore Patel Engineering’s robust capabilities in executing large-scale infrastructure and hydropower projects across diverse terrains. The company’s expertise in utilizing advanced construction technologies, such as RCC, positions it favorably in the competitive infrastructure sector million units (MU) of energy annually, significantly contributing to the state’s power supply and aiding.
As of April 25, 2025, Patel Engineering’s order book stands at ₹16,396 crore, with balancing the national grid hydroelectric projects comprising a significant portion. The company’s revenue mix for Q3 FY25 indicates a strong presence in hydropower (43%), followed by roads (25%), irrigation (21%), and tunneling (9%) Financially.
The company’s stock has shown resilience, with a 3-year return of 64.87%, despite a 31.1% decline over the past year. The recent project acquisitions have positively influenced investor sentiment, with shares gaining 5% in early trade on April 25, 2025 These developments reflect Patel Engineering’s commitment to contributing to.
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