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Patel Engineering, JV Partners receive LoAs worth Rs 841 crore

26 Apr 2023 Evaluate

Patel Engineering along with its Joint Venture (JV) Partners have received Letter of Awards (LoAs) worth Rs 841 crore for Krishna Marathwada Irrigation Project – Lift Irrigation Scheme 01 and Krishna Marathwada Irrigation Project – Lift Irrigation Scheme 02 respectively from Water Resources Department, Government of Maharashtra, where the Joint Ventures were declared L1 (Lowest bidders) earlier. Krishna Marathwada Irrigation Project is located at District Osmanabad, State Maharashtra.

The company being 51% partner in a JV in Scheme 01 Project and 60% partner in a JV in Scheme 02 Project, its share in aggregate for these two projects is Rs 451.28 crore.

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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