Stock Report

Patel Engineering secures new order of Rs. 1,564.42 crore



Posted On : 2020-10-27 10:20:30( TIMEZONE : IST )

Patel Engineering secures new order of Rs. 1,564.42 crore

Patel Engineering, a Civil Construction Company focused on hydropower sector, today announced that the Company has bagged a Rs 1,564.42 crore Subansiri Lower Hydro Electric Project (2,000 MW), Arunachal Pradesh.

Subansiri Lower HEP is having installed capacity of 2000 MW which will be a single largest hydro power generation project in India.

Patel Engineering has been able to get this project and even mobilize the same during this Covid-19 Pandemic. The project is located at Village Kolaptukar in Kamle (formerly Lower Subansiri) district of Arunachal Pradesh. The project comprises of balance civil works of Power House Complex including HRT Intake Structures, Tail Race Channel etc with following main components:


- Construction of 8 nos. HRT intake structures.
- Construction of 8 nos. 9.5 m diameter horseshoe shaped Head race tunnels with length varying from 610 m to 1170 m.
- Construction of 8 nos. 8m diameter circular steel lined pressure shafts.
- Construction of Surface power house (285 m X 61 m X 64 m) including control block and transformer hall cum GIS.
- Construction of tailrace channel of width 206 m and length 35 m joining to river.
- Construction of adits associated with underground structures.
- Construction of 8 inclined surge tunnels of dia. 9.5m of length varying from 475m to 390m.
- 8 vertical surge shafts of 9.5m circular in shape height varying from 10.5m to 12.5m.

Shares of PATEL ENGINEERING LTD. was last trading in BSE at Rs.11.05 as compared to the previous close of Rs. 10.66. The total number of shares traded during the day was 100649 in over 234 trades.

The stock hit an intraday high of Rs. 11.05 and intraday low of 10.9. The net turnover during the day was Rs. 1110230.

Source : Equity Bulls

Keywords