Deals6 May 2025, 08:37 am
Patel Engineering Wins Rs. 1,318.89 Crore Contract from CIDCO for Kondhane Dam Construction
AI Summary
Patel Engineering Ltd. has received a Letter of Acceptance ('LOA') for an Urban Infrastructure project from CIDCO worth Rs. 1,318.89 Crore. The project involves the construction of the Kondhane Dam and its allied works using Roller Compacted Concrete (RCC) Technology. Patel Engineering was the Lowest Bidder (L1) for this project, which is located in Village Kondhane, Taluka Karjat, District Raigad in the state of Maharashtra. The project is scheduled to be completed within 42 months and the scope of works includes Civil Works, Hydro Mechanical and Electrical works. This win marks a strong start to FY26 for Patel Engineering and is a testament to their capabilities in delivering complex infrastructure works.
Key Highlights
- Patel Engineering wins a contract worth Rs. 1,318.89 Crore from CIDCO for Kondhane Dam construction.
- The project is located in Village Kondhane, Taluka Karjat, District Raigad in the state of Maharashtra and is scheduled to be completed within 42 months.
- Patel Engineering was the Lowest Bidder (L1) for this project.
- The scope of works includes Civil Works, Hydro Mechanical and Electrical works.
- This win marks a strong start to FY26 for Patel Engineering.