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Patel Engineering gets LoA for Rs 525.36 crore contract with JV Partner in Telangana

04 Mar 2024 Evaluate

Patel Engineering (PEL), in collaboration with its joint venture (JV) partner, has been awarded the Letter of Acceptance (LoA) by the Irrigation & CAD Department, Government of Telangana for a contract valued at Rs 525.36 crore. This contract entails the construction of a Reinforced Cement Concrete (RCC) Protection Wall of 8.5 km each along both the right and left flanks of the Munneru River, stretching from Polepally to Prakashnagar in the city of Khammam, located in Khammam District.

Additionally, the contract includes the construction of embankments of 2 kilometers each on either side of the River Munneru near the Nagarjuna Sagar Left Bank Aqueduct in Khammam City, further emphasizing the project's comprehensive approach to enhancing the area's irrigation infrastructure and water management systems. 

The awarded project signifies a key advancement in Telangana’s infrastructure and irrigation efforts. PEL’s involvement underscores its leadership in infrastructure projects, aiming to improve water management and support agriculture in Khammam District. With a 24-month completion goal, this project highlight’s PEL’s commitment to enhancing community welfare and environmental sustainability in collaboration with the government and local stakeholders. 

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

27.34 0.05 (0.18%)
22-Apr-2026 09:07 View Price Chart
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