Current Date: 22 Nov, 2024

Patel Engineering Wins ₹317.60 Crore Maharashtra Contract

Patel Engineering (PEL) and its joint venture partner have secured a significant contract worth ₹317.60 crore for the Jigaon project's first stage water lifting arrangement in Maharashtra. This win highlights PEL's expertise and strategic partnerships in large-scale infrastructure projects.

The project involves constructing water lifting arrangements for LIS 1 to 12 from the Jigaon project's submergence. This comprehensive work includes an approach channel, rising main, pumping machinery, switchyard, and various civil, mechanical, and electrical components.

The ambitious project is slated for completion within 24 months, emphasizing the JV's commitment to timely and efficient execution. PEL holds a 35% share in this joint venture, underscoring its significant role and contribution to the project.

This contract win reinforces Patel Engineering's reputation as a leader in infrastructure development, showcasing its capability to handle complex and large-scale projects. The company’s involvement in such critical projects reflects its robust operational capacity and strategic growth in the sector.

Overall, this project marks a pivotal achievement for Patel Engineering, aligning with its growth strategy and further establishing its presence in Maharashtra's infrastructure landscape.

News by Rahul Yelligetti

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Source : Projxnews