Patel Engineering Secures ₹230.70 Crore Bhutan Hydro Project Contract
Patel Engineering Limited secured a ₹230.70 crore contract for pre-construction works on Bhutan's 1,125 MW Dorjilung Hydroelectric Power Project. The scope includes tunnel and hydromechanical works, with a 300-day construction period. This strengthens PEL's presence in the renewable energy sector.
The contract value of ₹230.70 crore is substantial and will contribute to the company's order book and revenue, impacting its financial performance.
The company has received a significant new order, which is positive for its business and expansion in the renewable energy sector.
Patel Engineering Limited (PEL) has received a Letter of Award (LOA) from Dorjilung Hydro Power Limited for the pre-construction works of the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan.
The contract is valued at BTN/INR 230.70 crore (excluding taxes) and falls under Package I, focusing on civil and hydromechanical works.
The scope of work includes the construction of two diversion tunnels (11.0 m diameter, 930 m and 821 m lengths), an intermediate adit (7 m diameter, 116 m length), and a highway road tunnel (11 m x 7.5 m, 500 m length). It also encompasses hydromechanical works for four sets of vertical lift fixed wheel gates.
The construction period is set for 300 days, followed by a one-year Defects Notification Period. The project is a significant initiative in Bhutan's energy sector and is the largest hydro project under a Public–Private Partnership (PPP) model in the country.
Ms. Kavita Shirvaikar, Managing Director, commented, "We are delighted to have been entrusted with this prestigious project... Patel Engineering is actively exploring further opportunities in hydropower development in Bhutan and other neighboring countries."
This award marks an expansion of Patel Engineering's footprint in the renewable energy sector.
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