Friday, March 30, 2007

Patel Eng, Gammon JV bags Rs 806 cr order

Civil infrastructure construction firm Patel Engineering today announced that its joint venture with Gammon has bagged a Rs 806 crore order for a 434 MW hydro electric project in Himachal Pradesh.

The project has been awarded by the Satluj Jal Vidyut Nigam, a joint venture between the central government and the Himachal Pradesh government. It will be located on the river Satluj in Shimla and Kullu Districts of Himachal Pradesh. The project involves the construction of a 15-km-long head race tunnel (HRT), a 140-m deep surge shaft and power house on the right bank of river Satluj in Kullu district. The project will be completed in the next 54 months.

Read more in The Business Standard article.

No comments: