Hetvi Construction Wins Big With 125 MW Solar EPC Win In Assam

March has brought big news for Ahmedabad based Hetvi Construction Ltd. The EPC firm has made a breakthrough  with its large order win for a 125 MW solar plant  in Assam. The direct order from Assam Power Distribution Company Limited  (APDCL) is a comprehensive  EPC project with an estimated value of Rs 740.06 crores, to be completed within 18 months of the letter of award. Thus, unlike PPA projects, in this case the consortium will simply built and transfer the project to APDCL.  Consortium partner Waaree Renewable technologies had announced the win last week.

Hetvi won the project as the lead firm in a consortium with Waaree Renewable Technoligies Limited and Jayantipur Construction Private Limited. While this is the first large-scale solar EPC project, Hetvi Construction Ltd. has extensive experience in infrastructure projects, particularly in water supply schemes under Jal jeewan mission across multiple districts in India. the firm’s expansion into the renewable energy sector comes from a long-term focus on sustainability.

The project, located in Karbi Anglong District, Assam will be one of the biggest solar projects in Assam, in one of its most backward districts.  Hetvi Construction Ltd. will be responsible for the complete EPC execution, including design, engineering, procurement, erection, and commissioning. Land acquisition and connectivity requirements are managed in collaboration with its other stakeholders.

Background

Hetvi Construction started as an LLP in 2017 and was later converted into a Limited Company on April 15, 2024. Founders Hitesh Bhuva and Tarang Savaliya headquartered the firm in Ahmedabad, Gujarat.

The firm is actively exploring multiple renewable energy projects in India with a focus on expanding presence in the solar EPC space.

Consortium partners are Waaree Renewable Technologies Ltd. and Jayantisuper Construction Pvt. Ltd. for this project. They will help with strategic procurement, besides other aspects of the project.

For Hetvi, starting its solar journey in Assam is certainly the more challenging route to success, considering the multiple challenges of starting large projects in the state. However, it’s the challenge the firm taken up willingly, for the opportunity to start with a 125 MW solar project. The firm is confident that successful delivery and learnings here would back its plans to seek a bigger footprint in the solar EPC space.