Deals25 Apr 2025, 12:49 pm
Patel Engineering Wins Rs. 1,318.89 Crore Contract from CIDCO
AI Summary
Patel Engineering Ltd. has been declared the lowest bidder for an urban infrastructure project worth Rs. 1,318.89 crore from City & Industrial Development Corporation of Maharashtra Limited (CIDCO). The project involves the construction of Kondhane Dam and its allied works using Roller Compacted Concrete Technology. The project is to be completed in 42 months and is located in the Raigad district of Maharashtra. Patel Engineering, established in 1949, has a strong presence in hydropower, tunnelling, and irrigation segments and has completed over 85 dams, 40 hydroelectric projects, and more than 300 km of tunnelling.
Key Highlights
- Patel Engineering wins a Rs. 1,318.89 crore contract from CIDCO for the construction of Kondhane Dam and its allied works.
- The project is to be completed in 42 months using Roller Compacted Concrete Technology.
- The project is located in the Raigad district of Maharashtra, India.
- Patel Engineering, established in 1949, has a strong presence in hydropower, tunnelling, and irrigation segments.
- Patel Engineering has completed over 85 dams, 40 hydroelectric projects, and more than 300 km of tunnelling.