Patel Engineering declared L1 bidder for ₹1,593 Crore Nepal hydropower project
Patel Engineering Limited has been declared L1 bidder for Package 2 of Nepal's 669 MW Lower Arun Hydropower Project. The contract is valued at ₹1,593.08 Crores and is to be executed within 54 months. This marks a significant new order for the company.
The contract value of ₹1,593.08 Crores is substantial and will significantly contribute to the company's order book and future revenue.
The company has been declared the lowest bidder (L1) for a significant contract, which is a positive development.
Patel Engineering Limited has been declared the Lowest Bidder (L1) by SJVN Lower Arun Power Development Company (P) Ltd. (SLPDC) for Package 2 of the 669 MW Lower Arun Hydropower Project in Nepal. The contract is valued at ₹1,593.08 Crores and encompasses critical civil and hydro-mechanical works.
The scope of work for Package 2 includes the construction of Adit-5 and Adit-6, a 10.5-meter diameter, 5.41-kilometer Head Race Tunnel, Surge Shaft, Pressure Shaft, Butterfly Valve Chamber, Power House, Switchyard, and Tail Race Channel. It also involves the installation of steel liners for Pressure Shafts and Draft Tube Gates, along with associated road works.
The project is scheduled for completion within 54 months. Ms. Kavita Shirvairkar, Managing Director of Patel Engineering, stated that this award marks a positive start to Q1 FY27 and highlights the company's commitment to contributing to Nepal's energy independence and regional prosperity. She also noted the company's ongoing work at the nearby Arun-3 Hydropower project.
Patel Engineering Limited, established in 1949, has a strong track record in hydropower, tunneling, and irrigation projects, having completed over 85 dams and 40 hydroelectric projects.
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Patel Engineering Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Patel Engineering Limited. Read the original for the full detail.