Patel Engineering Share Price in Focus; Secures ₹230.70 Crore Order for Hydropower Project in Bhutan

Patel Engineering Ltd has received a ₹230.70 crore contract for pre-construction work on a hydropower project in Bhutan.  

As per the exchange filing, the order has been awarded by Dorjilung Hydro Power Limited, a joint venture between Druk Green Power Corporation and Tata Power Company.  

Scope of Work 

The contract relates to Package I of the 1,125 MW Dorjilung Hydroelectric Power Project. Work includes construction of 2 diversion tunnels, each with a diameter of 11 metres, measuring 930 metres and 821 metres in length.  

The scope also covers an intermediate adit of 116 metres and a 500-metre highway tunnel with a D-shaped cross-section. In addition, hydromechanical work includes installation of 4 vertical lift fixed wheel gates.  

Timeline and Project Location 

The execution period for the contract is 300 days. This will be followed by a 1-year defects notification period.  

The project site is located about 7 km from Autsho town in the Mongar district of Bhutan. The area forms part of the country’s planned hydropower expansion.  

Project Context 

The Dorjilung project is being developed under a public–private partnership model. It is expected to contribute to Bhutan’s electricity supply and allow surplus generation to be exported to India.  

Hydropower projects remain central to Bhutan’s energy sector, with cross-border power trade playing a key role in the economy. 

Patel Engineering Details 

Patel Engineering, incorporated in 1949, operates in hydropower, tunnelling and irrigation. The company has completed over 85 dams, 40 hydroelectric projects and more than 300 km of tunnelling work.  

Patel Engineering Share Price Performance  

As of March 20, 2026, 3:30 pm, Patel Engineering Ltd share price closed at ₹24.96, up 1.13% from the previous closing price. 

Read More: HDFC Bank Fires 3 Senior Executives Over Alleged AT1 Bond Mis-Selling Case! 

Conclusion 

The award contributes to the company’s current order book. It is linked to a larger hydropower development underway in Bhutan. 

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