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Patel Engineering wins orders worth Rs 508.24 crores

Patel Engineering Limited, today announced that, the Company along with the JV Partners have received Letter of Acceptance for Tumkur Branch Canal (Package III) Micro Irrigation Project from Visvesvaraya Jala Nigama Limited (VJNL) and Sher Micro Irrigation Project from Water Resources Department, Government of Madhya Pradesh. These projects were declared as L1 earlier.

The Company being 51% partner in the Joint Venture for Tumkur Branch Canal (Package-III) project, our share in the Project is Rs. 158.68 crore. And the Company being 35% share in the Joint Venture for Sher Micro Irrigation Project, our share in the project is Rs. 349.56 crore.

About the Projects:

Descriptions:
Tumkur Branch Canal (Package- III) Micro Irrigation Project involves – “Survey, Design, Supply, Installation, Testing and Commissioning comprising gravity bulk feeders, construction of a Sump cum Pump house, Supply & Installation of Pumping Machineries, Terminal Bay, Electrical Substation, Electric Power Line, besides other appurtenant works such as construction of a Pipe Distribution Network and Drip Irrigation System including SCADA and Automation to cover an area of 8,150.44 Ha.

Sher Micro Irrigation Project works include “Survey, Investigation, Designing, and Construction of SHER Dams (4 No. of Dams) with all ancillary works including rising / gravity main and pipe distribution network works in the State of Madhya Pradesh.

Value of Contracts: Total Value of the two contracts is Rs. 1,309.88 crore.

Time Period: 24 months for Tumkur Branch Canal (Package-III) project and 60 months for Sher Micro Irrigation Project.

Location of the Projects: Tumkur Branch Canal (Package-III) project is located in Part of the Upper Bhadra Project, which is a major lift irrigation Scheme under implementation in the central region of Karnataka State, while Sher Micro Irrigation Project is located in the State of Madhya Pradesh.

Type of Contract: EPC Turnkey Basis

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