Deals23 May 2025, 08:36 am
Patel Engineering & JV Partner Bag Rs. 958.33 Crore Irrigation Project from Maharashtra Krishna Valley Development Corporation
AI Summary
Patel Engineering Ltd., in a joint venture, has been awarded a contract worth Rs. 958.33 crore from Maharashtra Krishna Valley Development Corporation for the construction of a Pipe Line Distribution Network. The project, valued at 20% to Patel Engineering, is scheduled for completion within 36 months and will enhance irrigation infrastructure, improve agricultural productivity, and water management efficiency in the region.
Key Highlights
- Patel Engineering and its JV partner have been awarded an irrigation project of Rs. 958.33 crore from Maharashtra Krishna Valley Development Corporation.
- The project is a construction of Pipe Line Distribution Network for Nira Deoghar Right Bank Main Canal KM 87 to 135 and its Distributaries, Minor off taking between KM 65 to KM 135.
- The project is located in the state of Maharashtra, in Village Kalaj, Taluka Phaltan, District Satara and is scheduled for completion within 36 months.
- The scope of works includes construction of Pipe Distribution Network involving excavation & refilling for pipe trenches, structures providing, supplying, jointing, lowering, laying of pipes, various types of valves, chambers and outlets, testing Pipeline with all valves, outlets, etc. with an Operations, Repairs and Maintenance period for 5 years after completion of works.
- Patel Engineering’s share in the contract is Rs. 191.67 Crore.