L&T gets share in Bhutan hydropower project
01 Apr 2009
Engineering major Larsen & Toubro today said that it has received a contract worth Rs1,245 crore for construction-related works at the 1,200 mw Punatsangchhu-I hydroelectric project in Bhutan, according to a company statement to the BSE on Wednesday.
The project is being set up by the Punatsangchhu-I hydroelectric project authority, been constituted through an agreement between the Indian government and Bhutan. It is located across the Punatsangchhu River, about 80 km from Thimpu.
The project is to be executed in 66 months. The scope of work involves construction of the diversion tunnel, dam, intake and desilting arrangement, including hydro-mechanical works. L&T won the order through a competitive bidding process.
WAPCOS is the engineering and design consultant of the project.
This is the first of a series of 10 hydropower projects jointly identified by the governments of India and Bhutan to be implemented for a total installed capacity of 11,576 MW by 2020.
The project will be executed by L&T`s construction division. This is the company's second hydroelectric power project in Bhutan. The first one was the 1020 mw Tala Hydroelectric Project, which was completed ahead of schedule.