Patel Engineering Signs ₹1,700 Crore Hydropower MOU with Arunachal Pradesh

2 min read     Updated on 18 Dec 2025, 11:40 AM
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Patel Engineering Ltd has officially signed an MOU with the Government of Arunachal Pradesh for the restoration and development of the 144 MW Gongri Hydropower Project worth ₹1,700 crores. The project will be implemented under a BOOT model with a 40-year lease period and is expected to be completed in 4 years, marking the first project revived under the state's hydropower restoration policy.

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Patel Engineering Ltd has officially signed a Memorandum of Understanding (MOU) with the Government of Arunachal Pradesh for the restoration and development of the 144 MW Gongri Hydropower Project in West Kameng District. This strategic partnership represents a significant milestone in advancing clean energy infrastructure in India's Northeast region.

Project Specifications

The Gongri Hydroelectric Project, located near Dirang town on the Gongri river (a tributary of the Bichom river in the Kameng basin), was previously terminated but has now been revived under the Arunachal Pradesh Restoration of Terminated Large Hydropower Policy under Special Circumstances, 2025.

Parameter Details
Project Name Gongri Hydropower Project
Capacity 144 MW
Project Value ₹1,700.00 crores
Expected Duration 4 years
Location West Kameng District, Arunachal Pradesh
Implementation Model BOOT (Build-Own-Operate-Transfer)
Lease Period 40 years

Comprehensive Project Scope

Under the MOU, Patel Engineering will undertake the complete lifecycle of the project, which includes preparing and validating the Detailed Project Report (DPR), designing and engineering the hydroelectric system, and procuring all necessary electro-mechanical equipment. The scope also covers construction of the dam, powerhouse, and associated civil structures, along with installation and commissioning of turbines and generators. Additionally, the project will involve developing transmission infrastructure for grid connectivity and ensuring efficient operation and maintenance post-commissioning.

Strategic Implementation Framework

The project will be implemented on a BOOT (Build-Own-Operate-Transfer) basis for a lease period of 40 years, after which ownership and operational control will be transferred to the Government of Arunachal Pradesh. This framework aligns with Arunachal Pradesh's vision for a "Decade of Hydropower," aimed at making the sector a key contributor to the state's economy.

Management Commentary

Commenting on the development, Managing Director Ms. Kavita Shirvaikar said: "We are proud to partner with the Government of Arunachal Pradesh in reviving the Gongri Hydroelectric Project. This collaboration underscores our commitment to renewable energy and sustainable development. The project will harness the immense hydro potential of the region while ensuring socio-economic benefits for local communities."

Company Background

Patel Engineering Ltd is a 76-year company established in 1949 with a strong presence in hydropower, tunneling and irrigation segments. The company has a consistent track record in execution of projects in both domestic and international arena, having completed over 85 dams, 40 hydroelectric projects and more than 300 km of tunneling for clients which are mostly central PSUs or state government organizations.

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%

Patel Engineering Secures ₹798.19 Crore Coal Mining Contract, Bolstering Order Book

1 min read     Updated on 26 Nov 2025, 06:28 PM
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Patel Engineering has received two Letters of Intent for a coal mining project worth ₹798.19 crores from South Eastern Coalfields Limited. The project, located in Chhattisgarh, involves excavation and coal transportation. The company's order pipeline includes over ₹34,000 crores under evaluation and ₹18,000 crores in expected opportunities before the fiscal year end. Management anticipates substantial order book growth, with projects worth nearly ₹21 lakh crores expected for bidding in the next 1-2 years.

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Patel Engineering Ltd , a veteran in the infrastructure sector, has announced a significant addition to its order book. The company has received two Letters of Intent (LOIs) for a substantial coal mining project, marking a strategic expansion in its operations.

Contract Details

Aspect Details
Contract Value ₹798.19 crores (excluding taxes)
Project Location Jhiria West OCP, Hasdeo Area, Bilaspur, Chhattisgarh
Client South Eastern Coalfields Limited (SECL)
Scope of Work Excavation and coal transportation

Project Significance

The newly secured contract involves crucial operations in coal mining, including:

  • Excavation work
  • Associated activities
  • Coal transportation

This project not only strengthens Patel Engineering's position in the mining sector but also contributes significantly to its growing order book.

Company's Order Pipeline

Patel Engineering's Managing Director, Ms. Kavita Shirvaiker, provided insights into the company's robust project pipeline:

Pipeline Stage Value
Under Evaluation Over ₹34,000 crores
Expected Opportunities (Before FY End) ₹18,000 crores

Future Outlook

The company's management expressed confidence in substantial order book growth in the coming years. Key points include:

  • Anticipation of projects worth nearly ₹21 lakh crores coming up for bidding in the next 1-2 years
  • These projects align with Patel Engineering's core operational areas
  • The new contract and future opportunities are expected to drive significant growth in the company's order book

Company Background

Patel Engineering, established in 1949, has a rich history spanning over seven decades in the infrastructure sector. The company has demonstrated its expertise in various segments:

  • Hydropower projects
  • Tunneling
  • Irrigation

With a track record of completing 85 dams, 40 hydroelectric projects, and over 300 km of tunneling, Patel Engineering has established itself as a reliable player in both domestic and international markets.

This latest contract further cements the company's position in the infrastructure and mining sectors, potentially paving the way for sustained growth and enhanced shareholder value in the coming years.

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%

More News on Patel Engineering

1 Year Returns:-38.13%