Patel Engineering and RVNL inks MoU on infra projects

02 Sep 2024 CW Team

Patel Engineering Limited and Rail Vikas Nigam Limited (RVNL) have reportedly signed an initial agreement to collaborate on hydropower and other infrastructure projects both in India and internationally. According to a statement from Patel Engineering, the agreement outlines a framework for collaboration between the company and RVNL, allowing them to leverage each other?s strengths and capabilities in pursuing hydro and other infrastructure projects. Under this Memorandum of Understanding (MoU), both parties will explore opportunities to work together in various capacities.

As part of the agreement, Patel Engineering and RVNL will collaborate on specific hydropower projects as well as other infrastructure initiatives as opportunities present themselves. The partnership aims to combine RVNL's expertise in rail and transport infrastructure with Patel Engineering's extensive experience in the broader infrastructure sector.

The agreement provides the flexibility for the parties to submit joint or independent bids for projects and to participate in tenders. For joint bids, Patel Engineering and RVNL will agree on the terms of cooperation, bidding strategy, and project structure to ensure a unified approach to project execution.

The MoU places significant emphasis on creating a framework that enables synergies in the hydropower and infrastructure sectors, reflecting both parties' shared commitment to maintaining high standards in project delivery and quality.

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..