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PATEL ENGINEERING: Patel Engineering JV Wins Rs. 958.33 Cr Irrigation Project; Company Share Rs. 191.67 Cr

Patel Engineering Ltd. (PEL), in joint venture, received LOA for an irrigation project from Maharashtra Krishna Valley Development Corporation.

Total project value: Rs. 958.33 crore; PEL's share: Rs. 191.67 crore (20%).

Scope: Pipe Distribution Network for Nira Deoghar Right Bank Canal (Km 87–135); 36-month completion timeline.

Includes excavation, pipe laying, valves, chambers, testing, and 5-year O&M.

Location: Kalaj village, Phaltan Taluka, Satara District, Maharashtra.

PEL was earlier declared L1 for the project.

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