MoneyWorks4Me

Patel Engineering along with JV Partner gets Letter of Acceptance worth Rs 511.11 crore

22 Mar 2023 Evaluate

Patel Engineering along with the JV Partner has received Letter of Acceptance (LoA) worth Rs 551.11 crore for Tumkur Branch Canal (Package V) Micro Irrigation Project from Visvesvaraya Jala Nigama (VJNL), which was declared as L1 earlier. The company being 51% partner in the JV, its share in the Project is Rs 281.07 crore.

The Micro Irrigation System project comprises of Survey, Design, Supply, Installation, Testing and Commissioning comprising gravity bulk feeders, construction of a Sump cum Pump house, Supply & Installation of Pumping Machineries, Terminal Bay, Electrical Substation, Electric Power Line, besides other appurtenant works such as construction of a Pipe Distribution Network and Drip Irrigation System including SCADA and Automation to cover an area of 15,090.21 Ha.

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.

Peers
Company Name CMP
Larsen & Toubro 3879.80
Kalpataru Projects 1402.45
NCC 132.85
Rail Vikas Nigam 204.90
KEC International 394.95
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