GVK bags 2 Uttaranchal power projects

Hyderabad-based GVK Industries Limited, an infrastructure major, has been awarded the 200-mega watt Mapang Bogudiar and the 170-mega watt Bogudiar Sirkari Bhyol Hydro Electric Projects by the Uttaranchal government.

These two major projects are located on the Goriganga river in Pithoragarh district of Uttaranchal. GVK has bagged these projects amidst stiff competition through international competitive bidding route, according to a press release.

GVK will be executing the projects on a BOOT (build-own-operate-transfer) basis and expects to complete them before the scheduled time of 10 years through innovative methods of strategic alliances, project management expertise and competence in engineering and construction, the press release added.

Both Mapang Bogudiar and Bogudiar Sirkari Bhyol are challenging projects involving the construction of dams, tunnels, intakes, surge shafts, underground power houses, transmission lines, roads and other supporting infrastructure, the press release said.

"With these two challenging projects, GVK is set to begin a new era in hydel power generation in India," it stated.