By Admin 
Patel Engineering: Patel Engineering Limited, a small cap company involved in civil construction, has got a project worth Rs 230 crore from Bhutan’s company Dorjalung Hydro Power Limited. In the information given in the exchange filing, the company said that the company has got the contract for pre-construction works under ‘Package-1’. In these, two diversion tunnels, one highway tunnel and hydromechanical works like gates etc. are to be built. Dorjalung Hydro Power Limited (DHPL) is a joint venture between Druk Green Power Corporation Limited (DGPC) of Bhutan and Tata Power Company Limited of India.
The company said that Dorjalung Hydroelectric Power Project is an important initiative in the energy sector of Bhutan. This is Bhutan’s largest hydro project under the Public-Private Partnership (PPP) model. It has been designed in such a way that it can meet the domestic energy needs of the country, as well as help in exporting the remaining clean energy to India, thereby strengthening regional energy security. The capacity of Dorjalung Hydroelectric Power Project is 1125 MW. It is a ‘run-of-the-river’ project on the Kurichu River in Mongar district of Bhutan.
Patel Engineering Responsibilities
The work of the company is divided into three parts:-
tunnel construction
Diversion Tunnel- The company has to build two tunnels that will temporarily divert the course of the river so that the dam can be constructed on dry land.
Highway Tunnel- To reach the project site, a tunnel will have to be constructed on the road.
hydromechanical work
To control the flow of the river, large iron gates will have to be made in the tunnels and machinery related to them will have to be fitted.
infrastructure
Excavation, concrete work and preparing the site for the main construction work before building the dam. The company has to complete all these tasks within 300 days.
Vijay Kedia’s bet on the company
Veteran investor Vijay Kedia has about 1050 crore-1100 crore shares of Patel Engineering. Vijay Kedia has staked in Patel Engineering through his investment unit Kedia Securities Private Limited. He has 1.01 percent stake in it.
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