Patel Engineering secures order Sutlej Jal Vidyut Nigam worth Rs 976 cr
ROADS & HIGHWAYS

Patel Engineering secures order Sutlej Jal Vidyut Nigam worth Rs 976 cr

Patel Engineering, a civil construction company, announced that it secured a Rs 976 crore order from Sutlej Jal Vidyut Nigam Limited.

It is a joint enterprise between the Himachal Pradesh state government and the centre.

Luhri Hydro Power Consortium (LHPC) secured this order. It is a consortium of Patel Engineering and HES Infra. The project is established in Shimla and Kullu districts.

The company is the head part of LHPC, with 60% shares, while 40% are held by HES.

The Luhri project is a construction, procurement, and engineering agreement package, which covers civil and hydro-mechanical, engineering services operations of Luhri Hydroelectric Project Stage I (210 MW), set up near village Nirath.

On the other side, Patel Engineering specialises in underground work, tunnelling for urban infrastructure, underground work, and hydropower production. It is the only India-based firm with expertise in RCC, double-take tap work, and microtunneling.

It has even built an essential worldwide presence and completed projects over Nepal, Bhutan, Arabian Gulf, and Sri Lanka.

The share price of Patel Engineering surged 10% on August 2 after the company bagged the order from Sutlej Jal Vidyut Nigam at Rs 976.50 crore.

Founded in 1949, Patel Engineering Limited, is an infrastructure and construction services company in India. The company has its footing in various sectors of the infrastructure industry such as highways, roads, micro-runnels, hydroelectric projects, bridges, railways, refineries, real estate, dams, tunnels, irrigation projects, and townships.

Image Source


Also read: Highway construction at 29.81 km per day in 2020-21

Patel Engineering, a civil construction company, announced that it secured a Rs 976 crore order from Sutlej Jal Vidyut Nigam Limited. It is a joint enterprise between the Himachal Pradesh state government and the centre. Luhri Hydro Power Consortium (LHPC) secured this order. It is a consortium of Patel Engineering and HES Infra. The project is established in Shimla and Kullu districts. The company is the head part of LHPC, with 60% shares, while 40% are held by HES. The Luhri project is a construction, procurement, and engineering agreement package, which covers civil and hydro-mechanical, engineering services operations of Luhri Hydroelectric Project Stage I (210 MW), set up near village Nirath. On the other side, Patel Engineering specialises in underground work, tunnelling for urban infrastructure, underground work, and hydropower production. It is the only India-based firm with expertise in RCC, double-take tap work, and microtunneling. It has even built an essential worldwide presence and completed projects over Nepal, Bhutan, Arabian Gulf, and Sri Lanka. The share price of Patel Engineering surged 10% on August 2 after the company bagged the order from Sutlej Jal Vidyut Nigam at Rs 976.50 crore. Founded in 1949, Patel Engineering Limited, is an infrastructure and construction services company in India. The company has its footing in various sectors of the infrastructure industry such as highways, roads, micro-runnels, hydroelectric projects, bridges, railways, refineries, real estate, dams, tunnels, irrigation projects, and townships. Image Source Also read: Highway construction at 29.81 km per day in 2020-21

Next Story
Infrastructure Transport

NHAI to Build 6-Lane Agra-Gwalior Expressway on BOT (Toll) Mode

To enhance connectivity between the tourism hubs of Agra and Gwalior, National Highways Authority of India (NHAI) will develop 88 km long 6-lane access controlled Agra-Gwalior Greenfield Expressway (NH-719D). NHAI, today signed a concession agreement for the implementation of project with GR Infraprojects, in presence of NHAI Chairman, Santosh Kumar Yadav and senior officials of NHAI and the Concessionaire. The Agra-Gwalior Greenfield Expressway will start from Deori village in Agra and terminate at Susera village in Gwalior. The project shall be developed at a Total Capital Cost of Rs 46.13 b..

Next Story
Infrastructure Transport

Cabinet Nods 166.8-km NH-6 Greenfield Corridor on HAM Mode

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi has approved the proposal for Development, Maintenance and Management of 4-lane Greenfield Access Controlled 166.80 km of National Highway No. 06 from Mawlyngkhung (near Shillong) in Meghalaya to Panchgram (near Silchar) in Assam on Hybrid Annuity Mode as an access controlled greenfield High-Speed Corridor at a total capital cost of Rs 228.64 billion. The project length of 166.80 km lies in Meghalaya (144.80 km) and Assam (22.00 km). The proposed Greenfield high-speed corridor will improve the service level ..

Next Story
Infrastructure Urban

Commercial Ops Begin at Multi-Modal Logistics Park in Nagpur

Under the PM Gati Shakti initiative of Prime Minister with the aim to provide seamless and efficient connectivity for the movement of people, goods and services across various modes of transport, thereby enhancing last-mile connectivity and reducing travel time, and under the guidance of Union Minister of Road Transport and Highways, Nitin Gadkari, the Multi Modal Logistics Park, Nagpur (MMLP Nagpur) at Sindi, near Wardha commenced its commercial operations with a goal to establish a faster link. The MMLP Nagpur established by National Highway Logistics Management (NHLML), a 100 per cent own..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?