PATEL ENGINEERING WINS LOWEST (L1) BIDDING CONTRACT IN A JOINT VENTURE IRRIGATION PROJECT OF RS. 342.76 CRORE FROM GoM

PATEL ENGINEERING

PATEL ENGINEERING IN JOINT VENTURE HAS BEEN DECLARED LOWEST (L1) FOR AN IRRIGATION PROJECT OF RS. 342.76 CRORE FROM OFFICE OF THE EXECUTIVE ENGINEER, GOVERNMENT OF MAHARASHTRA. PATEL ENGINEERING’S SHARE IN THE CONTRACT IS (35%) i.e RS. 119.97 CRORE.

MUMBAI, MAY 9, 2024 (PNT): The Office of the Executive Engineer, Government of Maharashtra has declared Patel Engineering Limited (PEL) along with its JV Partner as L1 for a Rs. 342.76 crore contract for the works involving Construction of water lifting arrangement work for first stage from submergence of Jigaon project including Civil, Mechanical, Electrical component & allied works.

The project is to be completed in a period of 24 months.

The said project is located in the state of Maharashtra and the project is to be executed in a Joint Venture, of which PEL’s share is 35%.

The scope of work involves Construction of water lifting arrangement work for LIS 1-10-11-12,8, 9, 3 ,4-5-6 of first stage from submergence of Jigaon project including approach channel, Rising Main, Pumping Machinery, Switchyard and all allied works of Civil, Mechanical, Electrical component.

About the company

Patel Engineering Ltd. (‘PEL’ or ‘Company’), is a 75-year company established in the year 1949 and have a strong presence in irrigation, tunnels and underground works for hydroelectric and dam projects. The Company has a consistent track record in execution of projects in domestic and international arena. PEL have completed over 85 dams, 40 hydroelectric projects and more than 300 km of tunnelling for clients which are mostly central PSUs or state government organizations. ENDS (PNT)