Patel Engineering bags new order of Rs 2,461 cr from Chenab Valley Power Projects in J-K
Mumbai (Maharashtra) [India], May 14 (ANI/PNN): Patel Engineering, a 73-year premier civil construction company specialized in the hydropower sector, today announced that it has bagged a Rs 2,461 crore contract for the works of "Construction of Diversion Tunnel, Concrete Gravity Dam, Intake, Pressure Shafts, Underground Power House & Tailrace Tunnel (Lot 1) for Kwar HE Projects in Kishtwar district of Jammu and Kashmir (J-K).
ANI
May 14, 2022 13:22 IST
Mumbai (Maharashtra) [India], May 14 (ANI/PNN): Patel Engineering, a 73-year premier civil construction company specialized in the hydropower sector, today announced that it has bagged a Rs 2,461 crore contract for the works of "Construction of Diversion Tunnel, Concrete Gravity Dam, Intake, Pressure Shafts, Underground Power House & Tailrace Tunnel (Lot 1) for Kwar HE Projects in Kishtwar district of Jammu and Kashmir (J-K).
The Kwar HE Project is being executed by Chenab Valley Power Projects Limited, a Joint Venture of NHPC Limited (a Govt of India Enterprise) & JKSPDC (a Govt of J-K Enterprise) to harness the vast hydro potential of river Chenab.
Prime Minister Narendra Modi laid the foundation stone of Kwar HE Project which envisages the construction of a 109m high concrete gravity dam above the deepest foundation across the river Chenab of length 195m at the top. Kwar HEP is a 540MW (4x 135 MW) project with the estimated generation of 1975.54 MU (in a 90 per cent dependable year).
The works are scheduled to be completed in a period of 48 months as per the contract terms. The company already has three ongoing projects in the nearby Vicinity of the J-K State with similar geological terrains which is an added advantage for the execution of this new project.
This story is provided by PNN. ANI will not be responsible in any way for the content of this article. (ANI/PNN)
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