Archive · 18 Dec 2025
Patel Engineering Wins Rs 1,700 Crore Hydropower Project
Patel Engineering, a civil construction company, has signed an agreement with the Government of Arunachal Pradesh to build a big hydroelectric power plant.
This power plant, called the Gongri Hydropower Project, is in the West Kameng District.
It was stopped before but is now being restarted.
The project will cost Rs 1,700 crore and will take about four years to complete.
After that, the power plant will be owned by the state government.
Patel Engineering's stock price went up by almost 2% after this news.
The company's leader said they are happy to work on this project because it helps with clean energy and development.
Patel Engineering signed an MoU with the Government of Arunachal Pradesh for the 144 MW Gongri Hydropower Project.
The project is valued at Rs 1,700 crore and will take approximately four years to complete.
The execution will be on a BOOT basis for a 40-year lease period, after which ownership will transfer to the state government.
Patel Engineering's stock price rose by 1.88% following the announcement.
This is the first project to be revived under the state’s Arunachal Pradesh restoration of terminated large hydropower policy under special circumstances, 2025.
- Who
- Patel Engineering Ltd and the Government of Arunachal Pradesh
- What
- Signing of an MoU for the Gongri Hydropower Project
- When
- Thursday (specific date not mentioned)
- Where
- West Kameng District, Arunachal Pradesh
- Why
- To restore and develop the 144 MW hydropower project under the state’s restoration policy
- Project Name
- Gongri Hydropower Project
- Location
- West Kameng District, Arunachal Pradesh
- Project Value
- Rs 1,700 crore
- Project Capacity
- 144 MW
- Execution Model
- BOOT (Build-Own-Operate-Transfer)
- Lease Period
- 40 years
- Completion Timeline
- 4 years
- Stock Price Increase
- 1.88%
