Patel Engineering bags Rs 1,593.08 crore hydroelectric project contract in Nepal

New Delhi, Patel Engineering has bagged a hydro-electric project contract in the Sankhuwasabha District of Nepal, valued at Rs 1,593.08 crore.

In a regulatory filing, the company said it has been declared the Lowest Bidder (L1) by SJVN Lower Arun Power Development Company (P) Ltd (SLPDC), a wholly owned subsidiary of SJVN, for the Lower Arun Hydroelectric Project (669 MW), Package 2, in Nepal.

The project, valued at Rs 1,593.08 crore, is scheduled to be completed within 54 months.


"We began Q1 FY27 on a positive note, having been declared L1 for this important order of approximately Rs 1,600 crore. Nepal holds immense hydroelectric potential, and the Lower Arun project is a significant step toward harnessing that energy for sustainable growth," Kavita Shirvairkar, Managing Director, Patel Engineering, said.

This award is not just about building infrastructure, it is about contributing to Nepal's vision of energy independence and regional prosperity, she said, adding that Patel Engineering has also worked on another SJVN hydroelectric project in Nepal.

"With our ongoing work at the Arun-3 Hydropower project just about 35 kms away from Lower Arun Site and our proven track record across India, we are committed to bringing world-class engineering and timely execution to Lower Arun, ensuring it becomes a benchmark for development in the region," Shirvairkar said.

In March, Patel Engineering secured a Rs 230 crore project from Bhutan-based Dorjlung Hydro Power Ltd.

The Package I of the project includes pre-construction works of the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan.

Mumbai-based Patel Engineering Ltd has a significant presence in the hydropower, tunnelling, and irrigation sectors.