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Patel Engineering announced that the Company along 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, where the Joint Ventures were declared L1 (Lowest bidders) earlier.
The Company being 51% partner in a JV in Scheme 01 Project and 60% partner in a JV in Scheme 02 Project, its share in aggregate for these two projects is Rs. 451.28 crore.
About the Projects :
Description: Investigation, design, construction, testing, commissioning of works comprising of civil and allied works under lift irrigation Scheme no.1 and Scheme no.2 of Krishna Marathwada Irrigation Project, Dist. Osmanabad, State Maharashtra.
Total value of contracts: Rs. 841 crore.
Time period: 36 months respectively
Location: Krishna Marathwada Irrigation Project, District Osmanabad, State Maharashtra.
Type of contracts: EPC Turnkey Basis
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