Patel Engineering & JV Partner Secure Rs. 1,818.56 Crore Contract

28 Aug 2023 CW Team

The Dibang Multipurpose Project, which holds immense strategic importance, is set to be a game-changer in the energy and infrastructure sector. Patel Engineering and its JV partner have been selected for this project, following their status as the lowest bidder (L1) in the competitive bidding process. This remarkable feat underscores the capabilities of Patel Engineering in delivering complex and impactful projects within the specified timelines.

As a 50% equity holder in the joint venture, Patel Engineering's share in the Dibang Multipurpose Project amounts to an impressive sum of Rs. 1,818.56 crores. This financial involvement is not only a testament to the company's commitment to progress but also a testament to its expertise in executing large-scale projects of this nature.

Unveiling the Dibang Multipurpose Project:

The scope of the Dibang Multipurpose Project encompasses the construction of vital infrastructure elements, including Head Race Tunnels with Intake, Pressure Shafts, Penstocks, Power House & Transformer Cavern, Tail Race Tunnels, Pothead Yard, Adits, and more. This comprehensive approach underscores the project's magnitude and its potential to generate a substantial amount of power. With a proposed capacity of 2880 MW across twelve 240 MW units, the project's value is estimated at Rs. 3,637.12 crores.

A Glimpse into the Future:

The projected timeline for the Dibang Multipurpose Project's completion spans 86 months, reflecting the intricate nature of the project and the dedication required to bring it to fruition. The project site is located in the breathtaking landscapes of Arunachal Pradesh, India, further emphasizing its significance in terms of both energy production and regional development.

The contractual arrangement for the Dibang Multipurpose Project is based on an Engineering, Procurement, and Construction (EPC) item rate basis, indicative of the collaborative approach taken by Patel Engineering and its JV partner in ensuring the project's successful realization.

Image Source: CEO Magazine

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Mumbai, August 28, 2023 - In a significant development, Patel Engineering Limited, a prominent player in the field of civil construction with a focus on hydropower and irrigation, has emerged as a key contender along with its joint venture (JV) partner to undertake the Dibang Multipurpose Project. The venture has been awarded Lot-4 for the construction of crucial civil works by NHPC Limited, a noteworthy achievement for the companies involved.The Dibang Multipurpose Project, which holds immense strategic importance, is set to be a game-changer in the energy and infrastructure sector. Patel Engineering and its JV partner have been selected for this project, following their status as the lowest bidder (L1) in the competitive bidding process. This remarkable feat underscores the capabilities of Patel Engineering in delivering complex and impactful projects within the specified timelines.As a 50% equity holder in the joint venture, Patel Engineering's share in the Dibang Multipurpose Project amounts to an impressive sum of Rs. 1,818.56 crores. This financial involvement is not only a testament to the company's commitment to progress but also a testament to its expertise in executing large-scale projects of this nature.Unveiling the Dibang Multipurpose Project:The scope of the Dibang Multipurpose Project encompasses the construction of vital infrastructure elements, including Head Race Tunnels with Intake, Pressure Shafts, Penstocks, Power House & Transformer Cavern, Tail Race Tunnels, Pothead Yard, Adits, and more. This comprehensive approach underscores the project's magnitude and its potential to generate a substantial amount of power. With a proposed capacity of 2880 MW across twelve 240 MW units, the project's value is estimated at Rs. 3,637.12 crores.A Glimpse into the Future:The projected timeline for the Dibang Multipurpose Project's completion spans 86 months, reflecting the intricate nature of the project and the dedication required to bring it to fruition. The project site is located in the breathtaking landscapes of Arunachal Pradesh, India, further emphasizing its significance in terms of both energy production and regional development.The contractual arrangement for the Dibang Multipurpose Project is based on an Engineering, Procurement, and Construction (EPC) item rate basis, indicative of the collaborative approach taken by Patel Engineering and its JV partner in ensuring the project's successful realization.Image Source: CEO Magazine

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..