Patel Engineering has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam (RVNL), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways, Government of India, which works as the construction arm of the Ministry of Railways. The MoU, marks the beginning of a strategic partnership aimed at jointly executing projects in the field of hydro and other infrastructure projects both within India and internationally.
The agreement outlines a framework for collaboration between the Company and RVNL to leverage each other’s strengths and capabilities in pursuing hydro and other infrastructure projects. Under this MoU, both parties will explore opportunities to work together in various capacities. The signing of this MoU signifies a milestone in the collaborative efforts between a private and a public sector to advance infrastructure development in India and beyond. The company is dedicated to exploring and capitalizing on opportunities that align with its strategic objectives and contribute to sustainable infrastructure growth.
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.
