New Delhi, February 23 Patel Engineering has been declared the lowest bidder by Himachal Pradesh Power Corporation for the development of Package 1 of the Renuka Ji Dam project, valued at Rs 910.08 crore.
The project, located in the village of Dadahu in the Sirmaur district of the state, is scheduled to be completed within a 30-month timeframe, Patel Engineering stated in a press release on Monday.
The company said that it has been awarded the lowest bid by Himachal Pradesh Power Corporation Ltd (HPPCL) for the construction of Package 1 of the Renuka Ji dam project in Himachal Pradesh, at a cost of Rs 910.08 crore, including GST.
The scope of work under this package includes the construction of three diversion tunnels, each with a diameter of 9.5 meters and lengths of 1379 meters, 1468 meters, and 1590 meters, respectively.
The company's Managing Director, Kavita Shirvairkar, stated: "This project not only strengthens our portfolio but also positions us to make a meaningful contribution to sustainable water management and hydropower development."
Shirvairkar added that the project is crucial for enhancing water storage capacity, ensuring a reliable water supply, and supporting hydropower generation.
Mumbai-based Patel Engineering Ltd has executed over 85 dam projects, 40 hydroelectric projects, and more than 300 km of tunnelling for central PSUs and state government organisations in India and overseas, the statement said.
