Patel Engineering Ltd Share Price – NSE /  BSE

Infrastructure Developers & Operators, Small Cap

Maharashtra Krishna Valley Development Corporation, Pune has awarded a contract valued at Rs. 958.33 crore to Patel Engineering 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.

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

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.

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The project involves the construction of a pipe distribution network for the Nira Deoghar Right Bank Main Canal, from kilometer 87 to 135, including distributaries and minor canals between kilometers 65 and 135.

The scope of work includes excavation and refilling of pipe trenches, construction of structures, supply, jointing, lowering, and laying of pipes, installation of various valves, chambers, and outlets. It also includes testing of the pipeline system along with a five-year Operations, Repairs, and Maintenance (O&M) period post-completion.

The company was previously declared the L1 (lowest bidder) for this infrastructure project, which is scheduled for completion within 36 months. The work will be carried out in Village Kalaj, Taluka Phaltan, District Satara, Maharashtra.

The project will be executed through a joint venture, in which Patel Engineering holds a 20% stake.

Kavita Shirvaikar, managing director, Patel Engineering 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, 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.?

Patel Engineering is a 76-year-old company, established in 1949, that has evolved into a leading construction firm specializing in the hydropower and irrigation sectors. The company is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures, and other types of heavy civil engineering works. It has executed a wide range of infrastructure projects in technology-intensive areas such as hydropower, irrigation and water supply, urban infrastructure, and transportation?particularly in tunnels and underground works for hydroelectric and transportation projects?primarily serving as a civil contractor.

The counter shed 0.48% to Rs 41.73 on the BSE.

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Patel Engineering announced that Maharashtra Krishna Valley Development Corporation, Pune has awarded a contract valued at Rs. 958.33 crore to the company 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 Village Kalaj, Taluka Phaltan, District Satara. It will be executed through a Joint Venture, in which PEL's share is 20%.

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.

Powered by Capital Market - Live News

The project involves the construction of a pipe distribution network for the Nira Deoghar Right Bank Main Canal, from kilometer 87 to 135, including distributaries and minor canals between kilometers 65 and 135.

The scope of work includes excavation and refilling of pipe trenches, construction of structures, supply, jointing, lowering, and laying of pipes, installation of various valves, chambers, and outlets. It also includes testing of the pipeline system along with a five-year Operations, Repairs, and Maintenance (O&M) period post-completion.

The company was previously declared the L1 (lowest bidder) for this infrastructure project, which is scheduled for completion within 36 months. The work will be carried out in Village Kalaj, Taluka Phaltan, District Satara, Maharashtra.

The project will be executed through a joint venture, in which Patel Engineering holds a 20% stake.

Kavita Shirvaikar, managing director, Patel Engineering 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, 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.?

Patel Engineering is a 76-year-old company, established in 1949, that has evolved into a leading construction firm specializing in the hydropower and irrigation sectors. The company is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures, and other types of heavy civil engineering works. It has executed a wide range of infrastructure projects in technology-intensive areas such as hydropower, irrigation and water supply, urban infrastructure, and transportation?particularly in tunnels and underground works for hydroelectric and transportation projects?primarily serving as a civil contractor.

The counter shed 0.48% to Rs 41.73 on the BSE.

Powered by Capital Market - Live News

Patel Engineering announced that Maharashtra Krishna Valley Development Corporation, Pune has awarded a contract valued at Rs. 958.33 crore to the company 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 Village Kalaj, Taluka Phaltan, District Satara. It will be executed through a Joint Venture, in which PEL's share is 20%.

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.

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As per the terms of the contract, the company would construct a 240 MW HEO hydropower project located in Arunachal Pradesh under EPC Mode.

The scope of work includes construction of civil and associated infrastructure works, testing & commissioning of hydro-mechanical plant & machinery leading to successful operation and performance of all the generating units of the hydro electric project.

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

The said project is located in the Shi Yomi district of Arunachal Pradesh and is scheduled to be completed within 44 months.

Kavita Shirvaikar, managing director, Patel Engineering, said: We are proud to have been awarded the HEO Hydropower project from NEEPCO.

This order further cements our position as a trusted partner for building critical infrastructure for India?s power sector and strengthens our position in the North-East. Arunachal Pradesh with its vast and largely untapped hydropower potential, is emerging as a key region in India?s renewable energy landscape.

Patel Engineering is a construction company specializing in the hydropower and irrigation segments. It is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures, and other kinds of heavy civil engineering works.

Powered by Capital Market - Live News

Maharashtra Krishna Valley Development Corporation, Pune has awarded a contract valued at Rs. 958.33 crore to Patel Engineering 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.

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

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.

Powered by Capital Market - Live News

The project involves the construction of a pipe distribution network for the Nira Deoghar Right Bank Main Canal, from kilometer 87 to 135, including distributaries and minor canals between kilometers 65 and 135.

The scope of work includes excavation and refilling of pipe trenches, construction of structures, supply, jointing, lowering, and laying of pipes, installation of various valves, chambers, and outlets. It also includes testing of the pipeline system along with a five-year Operations, Repairs, and Maintenance (O&M) period post-completion.

The company was previously declared the L1 (lowest bidder) for this infrastructure project, which is scheduled for completion within 36 months. The work will be carried out in Village Kalaj, Taluka Phaltan, District Satara, Maharashtra.

The project will be executed through a joint venture, in which Patel Engineering holds a 20% stake.

Kavita Shirvaikar, managing director, Patel Engineering 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, 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.?

Patel Engineering is a 76-year-old company, established in 1949, that has evolved into a leading construction firm specializing in the hydropower and irrigation sectors. The company is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures, and other types of heavy civil engineering works. It has executed a wide range of infrastructure projects in technology-intensive areas such as hydropower, irrigation and water supply, urban infrastructure, and transportation?particularly in tunnels and underground works for hydroelectric and transportation projects?primarily serving as a civil contractor.

The counter shed 0.48% to Rs 41.73 on the BSE.

Powered by Capital Market - Live News

Patel Engineering announced that Maharashtra Krishna Valley Development Corporation, Pune has awarded a contract valued at Rs. 958.33 crore to the company 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 Village Kalaj, Taluka Phaltan, District Satara. It will be executed through a Joint Venture, in which PEL's share is 20%.

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.

Powered by Capital Market - Live News

The project involves the construction of a pipe distribution network for the Nira Deoghar Right Bank Main Canal, from kilometer 87 to 135, including distributaries and minor canals between kilometers 65 and 135.

The scope of work includes excavation and refilling of pipe trenches, construction of structures, supply, jointing, lowering, and laying of pipes, installation of various valves, chambers, and outlets. It also includes testing of the pipeline system along with a five-year Operations, Repairs, and Maintenance (O&M) period post-completion.

The company was previously declared the L1 (lowest bidder) for this infrastructure project, which is scheduled for completion within 36 months. The work will be carried out in Village Kalaj, Taluka Phaltan, District Satara, Maharashtra.

The project will be executed through a joint venture, in which Patel Engineering holds a 20% stake.

Kavita Shirvaikar, managing director, Patel Engineering 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, 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.?

Patel Engineering is a 76-year-old company, established in 1949, that has evolved into a leading construction firm specializing in the hydropower and irrigation sectors. The company is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures, and other types of heavy civil engineering works. It has executed a wide range of infrastructure projects in technology-intensive areas such as hydropower, irrigation and water supply, urban infrastructure, and transportation?particularly in tunnels and underground works for hydroelectric and transportation projects?primarily serving as a civil contractor.

The counter shed 0.48% to Rs 41.73 on the BSE.

Powered by Capital Market - Live News

Patel Engineering announced that Maharashtra Krishna Valley Development Corporation, Pune has awarded a contract valued at Rs. 958.33 crore to the company 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 Village Kalaj, Taluka Phaltan, District Satara. It will be executed through a Joint Venture, in which PEL's share is 20%.

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.

Powered by Capital Market - Live News

As per the terms of the contract, the company would construct a 240 MW HEO hydropower project located in Arunachal Pradesh under EPC Mode.

The scope of work includes construction of civil and associated infrastructure works, testing & commissioning of hydro-mechanical plant & machinery leading to successful operation and performance of all the generating units of the hydro electric project.

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

The said project is located in the Shi Yomi district of Arunachal Pradesh and is scheduled to be completed within 44 months.

Kavita Shirvaikar, managing director, Patel Engineering, said: We are proud to have been awarded the HEO Hydropower project from NEEPCO.

This order further cements our position as a trusted partner for building critical infrastructure for India?s power sector and strengthens our position in the North-East. Arunachal Pradesh with its vast and largely untapped hydropower potential, is emerging as a key region in India?s renewable energy landscape.

Patel Engineering is a construction company specializing in the hydropower and irrigation segments. It is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures, and other kinds of heavy civil engineering works.

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