Patel Engineering has signed a Memorandum of Understanding (MoU) with the Government of Arunachal Pradesh for the restoration and development of the 144 MW Gongri Hydropower Project in West Kameng district. The project, estimated to cost Rs 1,700 crore, will be implemented on a BOOT (Build-Own-Operate-Transfer) basis with a lease period of 40 years. After this the ownership and operational control will be transferred to the Government of Arunachal Pradesh.
The project would take around 4 years for completion.
First hydropower project revived under Arunachal Pradesh’s 2025 restoration policy
The Gongri Hydroelectric Project is located near Dirang town on the Gongri river, a tributary of the Bichom river in the Kameng basin. The project was earlier terminated but has now been revived under the “Arunachal Pradesh Restoration of Terminated Large Hydropower Policy under Special Circumstances, 2025”.
The Arunachal Pradesh Cabinet recently approved the restoration of this project, making it the first project to be revived under this framework.
Hydro power projects like Gongri will not only generate clean energy but also create employment opportunities, improve local infrastructure, and contribute to sustainable development in the region. Under the MoU, Patel Engineering will undertake the complete lifecycle of the project, which includes preparing and validating the Detailed Project Report (DPR), designing and engineering the hydroelectric system, and procuring all necessary electro-mechanical equipment.
The scope also covers construction of the dam, powerhouse, and associated civil structures, along with installation and commissioning of turbines and generators. Additionally, the project will involve developing transmission infrastructure for grid connectivity and ensuring efficient operation and maintenance post-commissioning.
Managing Director Kavita Shirvaikar said, “The project will harness the immense hydro potential of the region while ensuring socio-economic benefits for local communities.”
Share price of Patel Engineering
The Share price of Patel Engineering gained 1.62% on Thursday’s trade. The stock declined 37.77% so far this year