Patel Engineering secures Rs 1,593 crore Nepal hydropower deal

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Patel Engineering has secured a Rs 1,593 crore hydropower project in Nepal, marking a significant addition to its international order book and reinforcing its presence in the regional renewable energy sector. The project highlights the company’s continued focus on expanding its footprint in neighbouring markets through large-scale infrastructure developments.

Project strengthens cross-border hydropower presence

The contract involves execution of key civil works for a hydropower project in Nepal, a country that has been actively scaling up its hydro capacity to meet domestic demand and boost electricity exports. The project is expected to contribute to Nepal’s growing clean energy ambitions while supporting regional energy cooperation. For Patel Engineering, the win adds to its portfolio of hydroelectric and infrastructure projects across South Asia. The company has been actively pursuing opportunities in hydropower development, leveraging its expertise in tunnelling, dam construction, and complex civil engineering works.

The order is also expected to strengthen revenue visibility and improve the company’s execution pipeline over the coming years. Large-value international contracts such as this typically provide long-term stability to the order book while enhancing technical credentials in global markets. Industry observers note that Indian engineering firms are increasingly participating in cross-border renewable energy projects, particularly in hydropower-rich regions like Nepal and Bhutan. Such developments not only support clean energy generation but also deepen economic and infrastructure ties within the region.

 

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