PATELENG.NSE News
Patel Engineering bags Rs 230 crore hydroelectric power project in Bhutan
Patel Engineering has won a significant Rs 230 crore project in Bhutan. This contract is for pre-construction works on the 1,125 MW Dorjilung Hydroelectric Power Project. The project is a major public-private partnership initiative. It aims to boost Bhutan's domestic energy needs and export surplus power to India. Patel Engineering is keen on further renewable energy collaborations in the region.
cityfalcon.com
Patel Engineering bags Rs 230 crore hydroelectric power project in Bhutan
Patel Engineering has won a significant Rs 230 crore project in Bhutan. This contract is for pre-construction works on the 1,125 MW Dorjilung Hydroelectric Power Project. The project is a major public-private partnership initiative. It aims to boost Bhutan's domestic energy needs and export surplus power to India. Patel Engineering is keen on further renewable energy collaborations in the region.
cityfalcon.com
Patel Engineering said it has secured a ₹230 crore contract from Bhutan’s Dorjlung Hydro Power Ltd for pre-construction work of the 1,125 MW Dorjilung project. The project, Bhutan’s largest PPP hydropower initiative, aims to meet domestic energy needs and export surplus power to India, strengthening regional energy security.
cityfalcon.com
LoA covers diversion tunnels, hydro-mechanical works; project in Himachal Pradesh to be completed in 30 months.
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Patel Engineering Limited ( ($IN:PATELENG) ) just unveiled an update. Patel Engineering Limited has secured a Letter of Award from Himachal Pradesh...
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Patel Engineering has emerged as the lowest bidder for Package 1 of Himachal Pradesh's Renuka Ji Dam project, valued at Rs 910.08 crore. This crucial development, set to be completed in 30 months, involves constructing three significant diversion tunnels. The project aims to boost water storage and hydropower generation, reinforcing Patel Engineering's expertise in infrastructure development.
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The project is located at Village Dadahu, Tehsil Renuka, in Himachal Pradesh’s Sirmaur district and is scheduled for completion within 30 months.
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Vijay Kedia acquired a 1.14% stake in Advait Energy Transitions, a renewable-focused Ahmedabad firm, diversifying his smallcap portfolio. Shares have fallen sharply, but Kedia also invested in Patel Engineering and increased Om Infra holdings.
cityfalcon.com
The ₹1,700-crore project will be executed on a BOOT basis and is the first to be restored under the state’s new policy for terminated hydropower projects.
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Patel Engineering shares fell nearly 5% to Rs 35.58 on Friday after a sharp two-day rally. The stock had surged nearly 20% earlier in the week following the award of coal excavation and transportation contracts worth Rs 798.19 crore for the Jhiria West OCP in Chhattisgarh by SECL, with a nine-year execution period.
cityfalcon.com
Patel Engineering shares jumped over 15 percent after the company secured two major LoIs worth Rs 798 crore for a nine-year SECL project in Chhattisgarh. With a tender pipeline exceeding Rs 34,000 crore and vast future opportunities, the company expects strong order book expansion despite being down 30 percent in 2025.
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