Patel Engineering JV wins bid for Rs 3.43 bn project in Maharashtra
ECONOMY & POLICY

Patel Engineering JV wins bid for Rs 3.43 bn project in Maharashtra

Patel Engineering, along with its joint venture partner, has been identified as the lowest bidder for a water lifting project worth Rs 3.42 billion in Maharashtra. It was stated that the project, scheduled to be completed within 24 months, is situated in Maharashtra and will be carried out through a Joint Venture, with Patel Engineering holding a 35 percent stake.

According to a regulatory filing, the executive engineer's office of the government of Maharashtra has announced Patel Engineering and its JV Partner as 'L1' for the Rs 3.42 billion contract. The filing further mentioned that the contract encompasses various tasks such as the construction of water lifting arrangement work for the first stage from the submergence of the Jigaon project, including civil, mechanical, electrical components, and associated works.

Additionally, it was highlighted that the Mumbai-based engineering, procurement, and construction company possesses a notable presence in tunnelling and underground projects related to hydroelectric and dam constructions.

Patel Engineering, along with its joint venture partner, has been identified as the lowest bidder for a water lifting project worth Rs 3.42 billion in Maharashtra. It was stated that the project, scheduled to be completed within 24 months, is situated in Maharashtra and will be carried out through a Joint Venture, with Patel Engineering holding a 35 percent stake. According to a regulatory filing, the executive engineer's office of the government of Maharashtra has announced Patel Engineering and its JV Partner as 'L1' for the Rs 3.42 billion contract. The filing further mentioned that the contract encompasses various tasks such as the construction of water lifting arrangement work for the first stage from the submergence of the Jigaon project, including civil, mechanical, electrical components, and associated works. Additionally, it was highlighted that the Mumbai-based engineering, procurement, and construction company possesses a notable presence in tunnelling and underground projects related to hydroelectric and dam constructions.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code