Patel Engineering JV luggage order well worth Rs. 451.28 cr

Patel Engineering JV luggage order well worth Rs. 451.28 cr

by admin- Thursday, April 27th, 2023 03:19:43 PM

Patel Engineering introduced that, the Company in conjunction with its Joint Venture Partners have received Letter of Awards (LOAs) for Krishna Marathwada Irrigation Project – Lift Irrigation Scheme 01 and Krishna Marathwada Irrigation Project – Lift Irrigation Scheme 02 respectively from Water Resources Department,
Government of Maharashtra, wherein the Joint Ventures were declared L1 (Lowest bidders) in advance.

The Company being 51% associate in a JV in Scheme 01 Project and 60% accomplice in a JV in Scheme 02 Project, our share in aggregate for these initiatives is Rs. 451.28 crore.

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