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Patel Engineering bags Rs 419.70 crore contract from MCGM

19 Apr 2022 Evaluate

Patel Engineering has bagged Rs 419.70 crore contract from Municipal Corporation of Greater Mumbai (MCGM) for the work of 'Construction of Tunnel from Powai to Ghatkopar High Level Reservoir and further upto Ghatkopar Low Level Reservoir'.

The tender was invited by the Municipal Commissioner, for and on behalf of Municipal Corporation of Greater Mumbai (MCGM), on Design-Build basis for construction of approximately 65m deep shaft at Shipping Corporation of India (SCI) & further construction of approximately 2.8 km long reinforced concrete lined tunnel of 2.2 metres finished diameter from proposed shaft at SCI to Ghatkopar H.L.R (existing shaft) and further upto Ghatkopar L.L.R (existing shaft), using full face rock tunnel boring machine and around 400 m long reinforced concrete lined tunnel of 2.2 metres finished diameter from shaft at SCI to existing location of tunnel boring machine (deployed by previous contractor) towards Powai shaft using NATM method and allied works, under National competitive bidding. The Letter of Acceptance (LoA) for the contract is issued by MCGM and the works are scheduled to be completed in a period of 51months as per the contract terms.

Patel Engineering provides a wide range of civil engineering services involved in design and construction of power projects, hydroelectric projects, commercial building, industrial complexes, dams, tunnels, underground structures, steel and concrete structures, bridges, marine works, flyovers and national highways in India and abroad.

Patel Engineering Share Price

28.49 0.19 (0.67%)
17-Apr-2026 16:59 View Price Chart
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