Jaiprakash Associates gets Rs.2,079 crore Bhutan projects

July 25th, 2011 - 9:00 pm ICT by IANS  

New Delhi, July 25 (IANS) Diversified infrastructure firm Jaiprakash Associates said Monday it has got two contracts worth Rs.2,079 crore for construction of 990 MW hydro power projects in Bhutan.

The hydro-electric project named Punatsangchhu II, will be jointly implemented by the governments of India and Bhutan.

“It is indeed a matter of great satisfaction for us that we could successfully bid for the construction of the prestigious Punatsangchhu II hydro-electric project,” Manoj Gaur, executive chairman of Jaiprakash Associates, said in a statement.

The first contract is related to construction of diversion tunnel, dam intake and delisting arrangement including hydro-mechanical works and highway tunnel for a contract value of Rs.1,224 crore.

The other contract involves construction of head race tunnel from surge shaft end, surge shaft, butterfly valve, chamber, pressure shafts, power house and tailrace tunnel including hydro-mechanical works for a contract value of Rs.855 crore.

The contract was awarded through a bidding process. Besides Jaiprakash Associates, other major companies that participated in the bid were L&T;, Hindustan Construction Company and Gammon.

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