hydro EPC contracts

Patel Engineering Limited has been declared the lowest bidder (L1) for a contract valued at Rs 1,593.08 crore for the 669 MW Lower Arun Hydropower Project in Nepal. The contract has been issued by SJVN Lower Arun Power Development Company (P) Limited, a subsidiary of SJVN. According to a regulatory filing, the company received intimation of its L1 status on April 22, 2026. The award relates to Package 2 of the project and covers key…