Patel Engineering emerges as L1 bidder for Dibang Multipurpose Project

23 Mar 2023 Evaluate

Patel Engineering (PEL) has been emerged as L1 bidder in Financial Bid Opening through e?Reverse Auction for the tender invited by NHPC, for Construction of Civil Works for LOT?4: Comprising 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), located in Arunachal Pradesh, India.

The said Project is to be executed in a period of 86 months. The Project is to be executed in a Joint Venture, of which PEL’s share is 50%. Majority of the company’s order book comprises of projects which are awarded by Central / State Governments or other Government undertakings/ Public Sector Undertakings.

Patel Engineering provides a wide range of civil engineering services involved in design and construction of power projects, hydroelectric projects, commercial building, industrial complexes, dams, tunnels, underground structures, steel and concrete structures, bridges, marine works, flyovers and national highways in India and abroad.

Patel Engineering Share Price

25.79 1.19 (4.84%)
26-May-2023 18:01 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 2218.00
Rail Vikas Nigam 115.80
KEC International 528.80
NCC 113.50
GR Infraprojects 1136.45
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