MoneyWorks4Me

NHPC’s arm awards Rs 1248 crore works order to Gammon Engineers and Contractors

17 Mar 2020 Evaluate

NHPC’s wholly owned Subsidiary -- Lanco Teesta Hydro Power (LTHPL) has awarded the Lot-II package of Construction of Balance Civil Works Package of 500 MW Teesta-VI HE Project, Sikkim to Gammon Engineers and Contractors for a contract price of Rs 1248.44 crore.

This package includes works for underground power house and transformer cavern, part of HRT-I & HRT-II (headrace tunnel), surge shafts, pressure shafts and adits (water tunnel inspection points), TRT (tailrace tunnel) and other associated structures. The work has been awarded in record time well before the scheduled date. NHPC provided the consultancy works for the same, including invitation of bids, tendering and evaluation.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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