Patel Engineering has received board’s approval to acquire 10% strategic stake in Shail Tunnelling and Infra, a start-up tunnel boring machine Supply Company. The objective of acquisition is consultancy service in design & engineering for Tunnel projects, provide construction equipment’s to Tunnel & Infra Projects including service for bid preparations, service to operate TBM & other construction equipment. This acquisition will help in augmenting Company’s existing operation.
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.
