Deals21 Feb 2024, 05:48 pm
Patel Engineering Limited declared lowest bidder for Rs. 525.36 crore irrigation project in Telangana
AI Summary
Patel Engineering Limited, along with its joint venture partner, has been declared the lowest bidder (L1) for a Rs. 525.36 crore contract for the construction of RCC protection wall in Telangana. The project is to be completed in 24 months and is expected to boost the company's presence in the domestic infrastructure market.,
Key Highlights
- Declared lowest bidder for Rs. 525.36 crore irrigation project in Telangana
- Joint venture with strong presence in domestic infrastructure market
- Expected to boost the company's presence in the domestic infrastructure market