23 May, EOD - Indian

SENSEX 81721.08 (0.95)

Nifty 50 24853.15 (0.99)

Nifty Bank 55398.25 (0.83)

Nifty IT 37403.55 (0.95)

Nifty Midcap 100 56687.75 (0.64)

Nifty Next 50 67095.9 (0.57)

Nifty Pharma 21434.25 (-0.41)

Nifty Smallcap 100 17643.35 (0.80)

23 May, EOD - Global

NIKKEI 225 37160.47 (0.47)

HANG SENG 23601.26 (0.24)

S&P 5826.75 (-0.72)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(21 May 2025, 12:45)

Patel Engineering bags hydro power project from NEEPCO worth Rs 711 crore

Patel Engineering (PEL) said that it has been awarded a contract for undertaking the construction of hydropower project valued at Rs 711.29 crore by North Eastern Electric Power Corporation (NEEPCO).


As per the terms of the contract, the company would construct a 240 MW HEO hydropower project located in Arunachal Pradesh under EPC Mode.

The scope of work includes 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 hydro electric project.

PEL had earlier been declared L1 (lowest bidder) for this project.

The said project is located in the Shi Yomi district of Arunachal Pradesh and is scheduled to be completed within 44 months.

Kavita Shirvaikar, managing director, Patel Engineering, said: "We are proud to have been awarded the HEO Hydropower project from NEEPCO.

This order further cements our position as a trusted partner for building critical infrastructure for India’s power sector and strengthens our position in the North-East. Arunachal Pradesh with its vast and largely untapped hydropower potential, is emerging as a key region in India’s renewable energy landscape."

Patel Engineering is a construction company specializing in the hydropower and irrigation segments. It is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures, and other kinds of heavy civil engineering works.


More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +