Patel Engineering Secures ₹230.70 Crore Contract for Bhutan's Largest PPP Hydroelectric Project

2 min read     Updated on 20 Mar 2026, 03:20 PM
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AI Summary

Patel Engineering Limited has been awarded a BTN/INR 230.70 crore contract for pre-construction works of the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan, the country's largest hydro project under PPP model. The scope includes construction of diversion tunnels, intermediate adit, highway road tunnel, and hydromechanical works, with a 300-day construction period. This strategic project strengthens regional energy security and reinforces Patel Engineering's commitment to renewable energy sector expansion.

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Patel engineering Limited has secured a significant contract worth BTN/INR 230.70 crore (excluding taxes) for pre-construction works of Bhutan's largest hydroelectric project under the Public-Private Partnership model. The Letter of Award (LOA) was issued by Dorjilung Hydro Power Limited (DHPL), a joint venture between Druk Green Power Corporation Limited (DGPC), Bhutan and Tata Power Company Limited (TPCL), India, for the prestigious 1,125 MW Dorjilung Hydroelectric Power Project.

Project Overview and Strategic Significance

The Dorjilung Hydroelectric Power Project represents a landmark initiative in Bhutan's energy sector, designed to support the nation's domestic energy aspirations while enabling the export of surplus clean power to India. This strategic project aims to strengthen regional energy security and marks a significant milestone in Bhutan's renewable energy development.

Parameter: Details
Contract Value: BTN/INR 230.70 crore (excluding taxes)
Project Capacity: 1,125 MW
Client: Dorjilung Hydro Power Limited (DHPL)
Location: 7 km from Autsho town, Mongar Dzongkhag, Bhutan
Construction Period: 300 days
Defects Notification Period: One year

Scope of Work Under Package I

Under Package I, Patel Engineering Limited will execute comprehensive civil and hydromechanical works for the Dorjilung Hydroelectric Power Project. The scope encompasses several critical infrastructure components that form the foundation of this major hydroelectric facility.

The civil works include:

  • Construction of two diversion tunnels of 11.00 m diameter with lengths of 930 m and 821 m respectively
  • An intermediate adit of 7 m finished diameter and 116 m length
  • A highway road tunnel featuring D-shaped cross section measuring 11 m × 7.50 m and 500 m in length

The hydromechanical works comprise four sets of vertical lift fixed wheel gates, essential for the project's operational efficiency and water management systems.

Management Commentary

Commenting on this significant development, Ms. Kavita Shirvaikar, Managing Director of Patel Engineering Limited, expressed her enthusiasm about the project. She highlighted that hydropower represents a cornerstone of Bhutan's energy future and emphasized the company's commitment to delivering world-class engineering solutions. The Managing Director also noted that this project presents an opportunity to strengthen the long-term partnership with Bhutan in the renewable energy sector.

Ms. Shirvaikar further indicated that Patel Engineering is actively exploring additional opportunities in hydropower development in Bhutan and other neighboring countries, reaffirming the company's commitment to sustainable growth and regional collaboration.

Company Background and Expertise

Patel Engineering Limited, established in 1949, brings 76 years of experience to this prestigious project. The company has built a strong presence in hydropower, tunnelling, and irrigation segments with a consistent track record in executing projects both domestically and internationally.

Achievement: Count
Completed Dams: Over 85
Hydroelectric Projects: 40
Tunnelling Experience: More than 300 km

The company's extensive portfolio and proven expertise in hydroelectric projects position it well to execute the complex requirements of the Dorjilung project. Most of PEL's clients are central PSUs or state government organizations, demonstrating the company's credibility in handling large-scale infrastructure projects.

Historical Stock Returns for Patel Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%-1.04%-12.34%-33.58%-38.13%+133.33%

How will the completion of the 1,125 MW Dorjilung project impact India's energy import portfolio and bilateral trade relations with Bhutan?

What additional hydropower opportunities is Patel Engineering targeting in Bhutan and neighboring countries following this contract win?

Could this project serve as a template for expanding Public-Private Partnership models in Bhutan's infrastructure sector?

Patel Engineering Secures Major Contract Worth ₹2.3 Billion

0 min read     Updated on 20 Mar 2026, 03:09 PM
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AI Summary

Patel Engineering has secured a major contract worth ₹2.3 billion, representing a significant business milestone for the infrastructure and construction company. This substantial contract win demonstrates the company's competitive strength in securing large-scale projects and is expected to positively impact its order book and revenue prospects.

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Patel Engineering has successfully secured a major contract worth ₹2.3 billion, marking a significant business development for the infrastructure and construction company.

Contract Details

The company announced the acquisition of this substantial contract, which represents a notable addition to its project portfolio. The contract value of ₹2.3 billion underscores the scale and importance of this business win for Patel Engineering.

Parameter: Details
Contract Value: ₹2.3 billion
Awarded Company: Patel Engineering

Business Impact

This contract award demonstrates Patel Engineering's continued competitiveness in securing large-scale infrastructure and construction projects. The substantial value of the contract is expected to contribute positively to the company's order book and revenue pipeline.

The successful acquisition of this ₹2.3 billion contract reflects the company's capabilities in the engineering and construction sector, positioning it well for future growth opportunities in the infrastructure development space.

Historical Stock Returns for Patel Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%-1.04%-12.34%-33.58%-38.13%+133.33%

What is the expected timeline for project completion and how will it impact Patel Engineering's quarterly revenue recognition over the next few years?

Will this contract win position Patel Engineering to bid for similar large-scale infrastructure projects in the government's upcoming development pipeline?

How might this ₹2.3 billion contract affect the company's working capital requirements and financing strategy going forward?

More News on Patel Engineering

1 Year Returns:-38.13%