Greater Noida (Business Desk): Patel Engineering Limited (“Company” or “PEL”), one of India’s leading infrastructure development companies, has been declared the Lowest Bidder (L1) for two significant infrastructure projects—an urban infrastructure development project and a hydropower project — underscoring its continued commitment to nation-building and sustainable development.
The Urban infrastructure project is valued at 1,318.89 crore, declared L1 by City & Industrial Development Corporation of Maharashtra Limited (CIDCO) for “Construction of Kondhane Dam and its allied works” using Roller Compacted Concrete Technology located in the state of Maharashtra, Village – Kondhane, Taluka – Karjat, District – Raigad and is to be executed in a period of 42 months. The scope of works includes Civil Works for the dam construction having a length of 1209m and 83m height along it’s allied works as well as Hydro Mechanical and Electrical works including 3 radial gates and electrical & manual gate control and other electrification works.
Also, the hydropower project worth Rs. 718 crores (including taxes) was declared L1 by NORTH EASTERN ELETRIC POWER CORPORATION LIMITED(NEEPCO) for the 240 MW HEO Hydro Electric Project located in Arunachal Pradesh. The project is to be completed in a period of 44 months. The Scope of Works include 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 240 MW HEO Hydro Electric Project.
Kavita Shirvaikar, Managing Director, Patel Engineering Ltd., said, “We are proud to have emerged lowest bidder for two projects valued at more than Rs. 2,000 crores, marking just the right beginning for FY-26, and we remain optimistic about even greater opportunities in the future. The hydropower project reflects our strong capabilities in this sector and our commitment to supporting India’s renewable energy goals. The urban infrastructure project represents another step forward in improving the livability and resilience of our cities. We are proud to contribute to India’s development journey and remain focused on executing these projects with excellence and efficiency.”
Patel Engineering Ltd. (‘PEL’ or ‘Company’), is a 76-year company established in the year 1949 and has a strong presence in hydropower, tunnelling and irrigation segments. The Company has a consistent track record in execution of projects in both domestic and international arena. PEL has completed over 85 dams, 40 hydroelectric projects and more than 300 km of tunnelling for clients which are mostly central PSUs or state government organizations.
