Dzҳ

Patel Engineering JV Wins Rs 9.58 Billion Canal Project
ECONOMY & POLICY

Patel Engineering JV Wins Rs 9.58 Billion Canal Project

Patel Engineering Ltd (PEL), in a joint venture, has secured a contract worth Rs 9.58 billion from the Maharashtra Krishna Valley Development Corporation for the construction of a pipeline distribution network along the Nira Deoghar Right Bank Main Canal. The project will cover the stretch between KM 87 to KM 135, including distributaries and minor off-takes from KM 65 to KM 135.

PEL was previously declared the lowest bidder (L1) for this infrastructure tender. Its share in the joint venture stands at 20 per cent, translating to a contract value of approximately Rs 1.92 billion.

The project, based in Kalaj village, Phaltan taluka, Satara district, is scheduled for completion within 36 months. The scope includes excavation and refilling for trenching, laying and jointing of pipes, installation of valves, chambers and outlets, along with testing and commissioning of the entire system. A five-year operations, repairs, and maintenance period will follow the construction phase.

Ms Kavita Shirvaikar, Managing Director of PEL, said, “We are proud to contribute to this vital irrigation project. It is not merely a construction assignment but a long-term investment in rural prosperity and agricultural resilience.�

The development aims to enhance irrigation coverage, improve water management, and support the agricultural economy of the region.

Patel Engineering Ltd (PEL), in a joint venture, has secured a contract worth Rs 9.58 billion from the Maharashtra Krishna Valley Development Corporation for the construction of a pipeline distribution network along the Nira Deoghar Right Bank Main Canal. The project will cover the stretch between KM 87 to KM 135, including distributaries and minor off-takes from KM 65 to KM 135.PEL was previously declared the lowest bidder (L1) for this infrastructure tender. Its share in the joint venture stands at 20 per cent, translating to a contract value of approximately Rs 1.92 billion.The project, based in Kalaj village, Phaltan taluka, Satara district, is scheduled for completion within 36 months. The scope includes excavation and refilling for trenching, laying and jointing of pipes, installation of valves, chambers and outlets, along with testing and commissioning of the entire system. A five-year operations, repairs, and maintenance period will follow the construction phase.Ms Kavita Shirvaikar, Managing Director of PEL, said, “We are proud to contribute to this vital irrigation project. It is not merely a construction assignment but a long-term investment in rural prosperity and agricultural resilience.”The development aims to enhance irrigation coverage, improve water management, and support the agricultural economy of the region.

Next Story
Real Estate

Inspira Realty Plans 8-10 Redevelopment Projects in Mumbai

Inspira Realty, a leading Mumbai-based developer and a part of Inspira Global, has announced plans to undertake 8�10 new redevelopment projects across the city’s key western and southern corridors. With this expansion, the firm is poised to exceed its current Gross Development Value (GDV) of Rs 40 billion and drive forward its urban transformation agenda. The company has commenced the financial year with two development agreements signed in Borivali and Santacruz (W) and is actively negotiating further acquisitions. These projects, expected to span a construction area of 4 million sq ..

Next Story
Real Estate

U-Sphere Bags First Private Project with Ceenex in Thiruvananthapuram

U-Sphere, the high-tech construction arm of ULCCS, has secured its first major private sector project: the design and construction of a new training facility for Canada-based Ceenex Global Computer Private Limited in Sasthamangalam, Thiruvananthapuram. The agreement was signed by Remeshan Palery, Director, U-Sphere, and Muhammed Irfan, Director, Ceenex Global. As part of the project, U-Sphere will deliver the core structural framework and building envelope within a fast-tracked seven-month schedule. This facility will serve as a key hub for Ceenex’s initiatives across e-governance, heal..

Next Story
Equipment

Godrej Motor Solutions Targets Rs 10 billion Revenue by FY28

The Motor Solutions business of the Godrej Enterprises Group is aiming for Rs 10 billion  in revenue by FY28, with 20 per cent of this expected from exports. For FY26, the business is targeting Rs750 crore, driven by demand growth across electric vehicles (EVs), HVAC, pumps, and actuators in both domestic and international markets. Xercsis Marker, EVP & Head, Motor Solutions Business, Godrej Enterprises Group, said,  “We are strengthening our manufacturing capabilities through significant R&D investments and advanced technology adoption. We continue to invest in t..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement