Patel Engineering along with its Joint Venture (JV) Partners have received Letter of Acceptance (LOA) for two projects. These projects are Tumkur Branch Canal (Package III) Micro Irrigation Project from Visvesvaraya Jala Nigama (VJNL) and Sher Micro Irrigation Project from Water Resources Department, Government of Madhya Pradesh. These projects were declared as L1 earlier. The total value of the two contracts is Rs 1,309.88 crore.
The company being 51% partner in the Joint Venture for Tumkur Branch Canal (Package-III) project, its share in the Project is Rs 158.68 crore. And the company being 35% share in the Joint Venture for Sher Micro Irrigation Project, its share in the project is Rs 349.56 crore. The execution time period is 24 months for Tumkur Branch Canal (Package-III) project and 60 months for Sher Micro Irrigation Project.
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.
