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L&T Wins Rs. 1245 Cr Hydropower Project order from Bhutan

Date: 02-04-2009

Larsen & Toubro (L&T), India's leading Engineering, Technology and Construction Company, has bagged a contract of Rs 1245 crores for the construction of the Dam Package, a part of the 1200 MW Punatsangchhu-I Hydroelectric Project, about 80 km from Thimpu, the capital of Bhutan.To be executed in 66 months, the scope of work involves construction of the diversion tunnel, dam, intake and desilting arrangement including hydro-mechanical works. L&T won the order through a competitive bidding process. This is the first of a series of 10 hydropower projects jointly identified by the governments of India & Bhutan and to be implemented for a total installed capacity of 11,576 MW by 2020.

For L&T, this is the second hydroelectric power project in Bhutan - the first one was the 1020 MW Tala Hydroelectric Project, which was completed ahead of schedule.

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