Patel Engineering Limited announced that, the Company along with the JV Partner has received letter of award for Dibang Multipurpose Project for construction of civil works for Lot-4 from NHPC Limited, which was declared as L1 earlier. The Company being 50% partner in the JV, its share in the project is INR 18,186 million. About the Project Description: Construction of Head Race Tunnels including Intake, Pressure Shafts, Penstocks, Power House & Transformer Cavern, Tail Race Tunnels, Pothead Yard, Adits etc. for Dibang Multipurpose Project 2880 MW (12 X 240 MW). Value of Contract: INR 36,371 million. Time Period: 86 months. Location: Arunachal Pradesh, India.
Type of Contract: EPC Item Rate Basis.