Patel Engineering emerges as L1 bidder for Heo hydro project
Patel Engineering Limited (PEL) has emerged as the lowest bidder (L1) for the turnkey EPC (engineering, procurement, and construction) contract of the 240 MW Heo Hydro Electric Project in Arunachal Pradesh. PEL quoted Rs 7,184.7 million for the contract, which was invited by North Eastern Electric Power Corporation Limited (NEEPCO) in November 2024. Max Infra (India) Limited and Dineshchandra R Agrawal Infracon Private Limited (DRAIPL) were the L2 and L3 bidders, quoting Rs 7,558.5 million…