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The Top 50 Real State & Infra Company- RANK 43, Patel Engineering, Rupen Patel, CMD

Cover Story

Patel Engineering, founded in 1949, is one of the major infrastructure and construction services company in India. In August, the company bagged two hydro projects and a tunnel project aggregating Rs 2,400 crore. It received an LoI from Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for construction of Kundah Pumped Storage Hydro Electric Project (500MW) near Ooty, costing Rs 668 crore. The project is funded by Rural Electrification Corporation (REC).
It has received another hydro project, which is being executed by SJVN ARUN-3 Power Development, a wholly-owned subsidiary of Satluj Jal Vidyut Nigam. This apart, the company received LoI from MCGM for construction of tunnel from Amar Mahal (Hedgwar Udyan) to Trombay Low Reservoir (TLLR) and further up to Trombay High-Level Reservoir (THLR) for worth Rs 618 crore.

The company bagged two hydro projects and a tunnel project aggregating Rs 2,400 crore. It received an LoI from TANGEDCO for construction of Kundah Pumped Storage Hydro Electric Project.

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May 2020
11 May 2020