Patel Engineering JV Wins Rs. 1,090 Cr Irrigation Project in Maharashtra: A Key Milestone for Water Management
Introduction:
Patel Engineering Limited (PEL) has secured a giant contract really worth Rs. 1,090.45 crore from the Maharashtra Krishna Valley Development Corporation (MKVDC), Pune, in collaboration with its Joint Venture (JV) companion. This win is a main jump for PEL in the irrigation quarter, reinforcing its capacity to address big-scale infrastructure projects.
The project involves the construction of a comprehensive Pipe Line Distribution Network for the Nira Deoghar Right Bank Main Canal, stretching from Km 87 to Km 135, along with its distributaries and minors.
This crucial initiative aims to enhance water distribution across a substantial area in the Satara district of Maharashtra, an essential step in improving agricultural productivity in the region.
Key Project Details:
Location: Village Kalaj, Taluka Phaltan, District Satara, Maharashtra
Contract Value: Rs. 1,090.45 Crore
Project Duration: 36 months (3 years)
PEL’s Share: 20% in the Joint Venture
Patel Engineering JV Secures Rs. 1,090 Crore Irrigation Project to Boost Water Management in Maharashtra:
Scope of Work:
Excavation and refilling for pipe trenches
Construction of structures, supplying and laying pipes
Installation of various valves, chambers, and outlets
Extensive pipeline testing and commissioning
Strategic Importance of the Project:
This irrigation initiative is set to bring about a significant impact on water resource management in Maharashtra, one of the country’s key agricultural hubs. With over three years to complete the project, the extensive scope includes both construction and long-term maintenance, ensuring sustainable water distribution.
The choice of PEL for this critical project underscores its technical expertise and experience in the infrastructure sector. With a shareholding of 20% in the JV, PEL is poised to contribute to the successful execution of the project while collaborating with its partners to meet both engineering challenges and environmental requirements.
Conclusion:
The successful acquisition of this Rs. 1,090 crore contract is an important milestone for Patel Engineering and its JV partner, enhancing the company’s footprint in India’s irrigation and water management sector.
As the project progresses, it promises to boost water availability, foster better agricultural practices, and contribute to the long-term socio-economic development of the region.
FAQ:
1. What is the value of the contract awarded to Patel Engineering (PEL)?
The contract awarded to Patel Engineering (PEL), in partnership with its Joint Venture (JV) partner, is worth Rs. 1,090.45 crore.
2. What is the scope of the project?
The project involves the construction of a Pipe Line Distribution Network for the Nira Deoghar Right Bank Main Canal, specifically from Km 87 to Km 135, including its distributaries and minors. The scope includes excavation, laying of pipes, installation of valves, chambers, and outlets, as well as testing the pipeline system. The project will also include operations, repairs, and maintenance for 5 years post-completion.
3. Where is the project located?
The project is located in the state of Maharashtra, in Village Kalaj, Taluka Phaltan, District Satara.
4. How long is the project expected to take?
The project is scheduled to be completed within a period of 36 months (3 years).
5. What is Patel Engineering’s share in the Joint Venture (JV)?
Patel Engineering holds a 20% share in the Joint Venture executing the project.
6. What does the 5-year operation, repairs, and maintenance period entail?
After the construction is completed, Patel Engineering and its JV partner will be responsible for operating, repairing, and maintaining the pipeline system for a period of 5 years. This ensures the infrastructure remains functional and reliable in the long term.
7. How will this project benefit the region?
The project will improve the distribution of water across a large area in the Satara district, which is crucial for enhancing agricultural productivity. This will have a positive impact on water management and contribute to the socio-economic development of the region.
8. Why is this project important for Maharashtra?
Maharashtra is a key agricultural state, and efficient water distribution is critical for its farmers. This irrigation project will ensure better water availability for agriculture, potentially increasing crop yields and improving farmers’ livelihoods in the region.
9. What role does Patel Engineering play in the project?
Patel Engineering is the lead player in the JV, overseeing the construction and execution of the pipeline distribution network, including all aspects of laying the pipes, installing the infrastructure, and conducting the necessary tests for commissioning.
10. How does this project contribute to Patel Engineering’s growth?
Securing this Rs. 1,090 crore contract positions Patel Engineering as a key player in the irrigation and water management sector, demonstrating its expertise in large-scale infrastructure projects. This win will bolster its portfolio and reputation in the industry, enhancing future growth opportunities.
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