Patel Engineering and JV partner secure Rs 174.5cr Nira Deoghar Canal Project

Patel Engineering Limited, a premier civil construction company specializing in the hydropower and irrigation sector, today announced a major milestone. In partnership with its joint venture (JV) partner, the company has been awarded the construction of the Pipe Distribution Network for Nira Deoghar Right Bank Main Canal, encompassing Km 66 to Km 76 and Km 77 to Km 87, by Maharashtra Krishna Valley Development Corporation, Pune. This contract, previously declared as the lowest bidder (L1), represents a significant stride in the company’s project portfolio.

The JV, with Patel Engineering holding a 40% stake, secures a share of Rs. 174.57 crore in this project. The project’s total value aggregates to Rs. 436.42 crore and is set to be completed within 30 months. Located in Maharashtra’s Satara district, this item rate contract involves extensive irrigation work, highlighting the company’s expertise in managing large-scale infrastructure projects.

The Nira Deoghar Right Bank Main Canal project includes constructing a Pipe Distribution Network between Km 66 to Km 76 and Km 77 to Km 87. This irrigation project is pivotal in enhancing water management and distribution in the region, addressing the vital needs of the agricultural sector and supporting sustainable water usage practices.

Patel Engineering Ltd. (‘PEL’ or ‘Company’), established in 1949, has evolved into a construction powerhouse specializing in hydro power generation and irrigation segments.

With a robust portfolio of dams, bridges, tunnels, roads, and heavy civil engineering works, the company has marked its presence in hydro, irrigation, urban infrastructure, and transportation, especially in tunnels and underground works for hydroelectric and transportation projects.

Patel Engineering Limited’s recent contract win for the Nira Deoghar Canal project is a testament to the company’s enduring commitment to excellence in the civil construction sector. This project not only reinforces their expertise in the field but also showcases the critical role of infrastructure development in supporting regional agriculture and water management. The partnership with the JV aligns with India’s broader initiatives to enhance irrigation infrastructure, marking a significant contribution to the nation’s sustainable development goals.