Patel Engineering Joint Venture Bags Contract Worth INR9.58 Billion

MT Newswires Live

2025/05/26

A joint venture of Patel Engineering (NSE:PATELENG, BOM:531120) has secured a letter of acceptance for a project worth 9.58 billion Indian rupees from the Maharashtra Krishna Valley Development Corporation, according to a Monday filing to the Indian stock exchanges.

Patel Engineering's share in the contract is 20%, which amounts to 1.92 billion rupees.

The project is for the construction of a pipeline distribution network for Nira Deoghar Right Bank Main Canal and its distributaries in the Satara district of Maharashtra, India.

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