Patel Engineering JV wins ₹1,090.45 crore irrigation project from MKVDC with 20% share

Sandip Raj Gupta

    18/Feb/2025

What's covered under the Article:

  • Patel Engineering, in a joint venture, has been declared L1 for an irrigation project worth ₹1,090.45 crore.
  • The project involves the construction of a pipeline distribution network for the Nira Deoghar Right Bank Main Canal.
  • Patel Engineering holds a 20% share in the project, amounting to ₹218.09 crore.

Patel Engineering Secures Major Irrigation Project in Maharashtra

Patel Engineering Ltd., a leading infrastructure company, has been awarded a significant irrigation project in joint venture with its partner. The Maharashtra Krishna Valley Development Corporation (MKVDC) has declared the joint venture as the Lowest Bidder (L1) for the ₹1,090.45 crore contract. Patel Engineering’s share in this project stands at ₹218.09 crore.

Project Scope and Key Details

The project entails the construction of a Pipeline Distribution Network for the Nira Deoghar Right Bank Main Canal from Km 87 to Km 135 and its Distributaries, Minors offtaking between Km 65 to Km 135. The work will be executed over a period of 36 months and will include an Operations, Repairs, and Maintenance (O&M) phase for five years after completion.

The project is located in Kalaj village, Phaltan Taluka, Satara District in Maharashtra. Patel Engineering will execute this project in a joint venture, where its share is 20% of the total contract value.

Scope of Work Involved

The contract includes:

  • Excavation & refilling of trenches for pipeline laying
  • Construction of structures for the pipeline network
  • Supplying, jointing, lowering, and laying of pipes
  • Installation of various valves, chambers, and outlets
  • Pipeline testing and commissioning
  • Operations, repairs, and maintenance for five years post-completion

This project is expected to enhance water distribution efficiency in the region, benefiting agricultural activities and local communities.

Patel Engineering’s Strong Presence in Infrastructure Sector

Established in 1949, Patel Engineering Ltd. has a 75-year legacy in executing complex infrastructure projects. The company has built a strong reputation in the hydropower, tunneling, and irrigation sectors.

Over the years, Patel Engineering has successfully completed:

  • 85+ dams
  • 40+ hydroelectric projects
  • 300+ km of tunnels

Most of Patel Engineering’s clients include central Public Sector Undertakings (PSUs) and state government bodies, further solidifying its credibility in the infrastructure domain.

Strategic Importance of the Project

This project strengthens Patel Engineering’s order book and financial growth, reinforcing its position as a leading player in India’s water infrastructure segment. The project also aligns with government initiatives to improve irrigation and water distribution efficiency in Maharashtra.

The successful execution of this contract will:

  • Enhance Patel Engineering’s reputation in large-scale government projects
  • Boost revenue generation and long-term financial stability
  • Provide employment and support economic growth in rural Maharashtra

Impact on Patel Engineering’s Business Growth

With this new contract, Patel Engineering continues to expand its presence in the irrigation sector, complementing its expertise in hydropower and tunneling. The company remains focused on securing more government infrastructure projects, further strengthening its portfolio.

Investors and stakeholders can expect positive financial performance from Patel Engineering in the coming quarters, given its consistent order inflow and execution capabilities.

Conclusion

Patel Engineering Ltd.'s latest joint venture contract for an ₹1,090.45 crore irrigation project is a significant milestone for the company. With its proven expertise in large-scale infrastructure projects, Patel Engineering is well-positioned to successfully execute the work within the stipulated time.


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