Patel Engineering JV emerges L1 bidder for Rs. 133.25 Cr irrigation project in Maharashtra
Patel Engineering Limited (PEL) and its JV partners have been declared the L1 bidder for a ₹133.25 crore irrigation project from Maharashtra Krishna Valley Development Corporation. PEL's share in the contract is ₹67.96 crore. The project is to be completed in 48 months.
The project value is substantial and contributes to the company's order book, positively impacting its business prospects, but it is a joint venture and PEL's share is less than half.
The company has been declared the lowest bidder for a significant irrigation project, indicating new business and potential revenue generation.
Patel Engineering Limited (PEL), along with its joint venture partners, has been declared the Lowest Bidder (L1) by the Maharashtra Krishna Valley Development Corporation for an irrigation project valued at ₹133.25 crore.
PEL's share in this significant contract amounts to ₹67.96 crore. The project involves the construction of head works, pump houses, switch yards, rising mains, delivery chambers, and the installation of pumping machinery, encompassing allied civil, mechanical, and electrical works. It also includes the development of a closed pipe distribution system under the Tasgaon Lift Irrigation Scheme.
The project is slated for completion within a period of 48 months and is situated in the Satara District of Maharashtra. The scope of work includes civil construction for various components and the laying of mild steel (M.S.) pipes, prestressed cement concrete pipes (P.C.C.P.), and high-density polyethylene (HDPE) pipes for a distribution network that will serve an irrigable command area of 2,277 hectares across six villages.
What to do with a filing like this
Patel Engineering Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Patel Engineering Limited. Read the original for the full detail.