Ircon International Secures ₹458.14 Crore Contract for Tato-I Hydro Electric Project

New Delhi: A contract for “Package-I: Construction of Civil Works” for the Tato-I Hydro Electric Project in Arunachal Pradesh has been awarded to Ircon International Limited by the North Eastern Electric Power Corporation Limited (NEEPCO).

The scope of the project includes headworks and allied works, head race channel, head race pipe, intake, headrace tunnel, surge shaft, pressure shaft, valve house, powerhouse, allied works, and infrastructure development.

Project Details:
• Entity Awarding the Contract: North Eastern Electric Power Corporation Limited
• Key Terms of the Contract: Construction of civil works for the Tato-I Hydro Electric Project, encompassing headworks, head race channel, headrace tunnel, powerhouse, and infrastructure works.
• Nature of Contract: Civil works
• Domestic/International: Domestic
• Execution Period: 45 months
• Contract Value: ₹458,14,42,765.23 (Four Hundred Fifty-Eight Crore Fourteen Lakh Forty-Two Thousand Seven Hundred Sixty-Five Rupees and Twenty-Three Paise, inclusive of all applicable taxes and duties)
• Promoter/Promoter Group Interest: None
• Related Party Transaction: Not applicable

For corporate sector readers and stakeholders, it is significant that the timely execution of this project is expected to strengthen the renewable energy sector in Arunachal Pradesh.