Patel Engineering Ltd, through its joint venture, has been declared the lowest bidder for a major irrigation project valued at ₹1.33 billion. The company’s share in the contract amounts to ₹679.6 million, marking a significant milestone in its infrastructure portfolio and reinforcing its position in India’s water resource development sector.
Patel Engineering Ltd has announced that its joint venture has emerged as the lowest bidder for a large-scale irrigation project, highlighting the company’s growing presence in India’s infrastructure and water resource management sector.
The total project is valued at ₹1.33 billion, with Patel Engineering Ltd’s share in the contract standing at ₹679.6 million. This achievement underscores the company’s expertise in executing complex engineering projects and its commitment to supporting sustainable development through enhanced irrigation facilities.
Key Highlights
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Project Value: ₹1.33 billion.
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Company’s Share: ₹679.6 million within the joint venture contract.
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JV Achievement: Declared lowest bidder for the irrigation project.
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Strategic Impact: Strengthens Patel Engineering Ltd’s portfolio in infrastructure and water resource development.
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Growth Outlook: Positions the company for long-term opportunities in India’s irrigation and construction sector.
This development reflects Patel Engineering Ltd’s proactive approach to securing high-value projects and contributing to India’s infrastructure growth story.
Sources: Official Company Announcement – Patel Engineering Ltd, Corporate Press Release.