Patel Engineering Limited — Important, 18-07-2025: Updates

Patel Engineering (PEL) secured a new hydropower project from NHPC Ltd. valued at Rs. 239.98 crore. This order is for civil and hydro mechanical works at the Teesta-V Power Station in Sikkim. Located in the South District, the project is slated for completion within 18 months. PEL’s Managing Director emphasized the company's deep experience in the North Eastern region, positioning them to execute this strategic project efficiently. PEL's existing work on another NHPC project nearby further strengthens its regional presence and expertise. This win enhances PEL's order book in the clean energy segment.