Patel Engineering has signed a Memorandum of Understanding (MoU) with Ircon International for collaboration and co-operation with each other to explore, identify, pursue and jointly execute mutually beneficial business opportunities in various infrastructure projects in India and overseas. The company has signed MoU on October 16, 2024.
Earlier, the company had been declared lowest bidder (L1) for Rs 240.02 crore contract for the works involving modification of diversion tunnel into tunnel spillway arrangement - Civil & Hydro Mechanical works for Package 6 - TEESTA-V POWER STATION, Sikkim from NHPC.
Patel Engineering is one of the most integrated infrastructure and construction services conglomerates in India.
