CE-MAT 2025

Patel Engineering JV bags LOA from Maharashtra Krishna Valley Development Corporation

The project, scheduled for completion within a period of 36 months, is located in the state of Maharashtra, in the Village of Kalaj, Taluka Phaltan, District Satara.

Patel Engineering JV bags LOA from Maharashtra Krishna Valley Development Corporation

Mumbai, May 23, 2025: Maharashtra Krishna Valley Development Corporation, Pune has awarded a contract valued at Rs. 958.33 crore to Patel Engineering Limited along with its JV partner for the 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.

PEL had earlier been declared L1 (lowest bidder) for this project.

The project, scheduled for completion within a period of 36 months, is located in the state of Maharashtra, in the Village of Kalaj, Taluka Phaltan, District Satara. It will be executed through a Joint Venture, in which PEL’s share is 20%, i.e., Rs 191.67 crore.

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel CE-MAT 2025

Read Also : Dhanlaxmi Bank Appoints Ashutosh Khajuria as Independent Director

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.

Ms Kavita Shirvaikar, Managing Director, Patel Engineering Limited, said, “We are pleased to have been awarded this project by the Maharashtra Krishna Valley Development Corporation. This project represents a significant step forward in enhancing irrigation infrastructure in the region and will play a crucial role in improving agricultural productivity and water management efficiency. At Patel Engineering Ltd., we view this as more than just a construction project—it is a long-term investment in the prosperity of rural communities and the resilience of our agricultural ecosystem.”

Read Also : Goa Shipyard backed Fifth FPV ‘Achal’ Launched for ICG

Note*: All the articles and given information on this page are information based and provided by other sources . For more read Terms & Conditions