Bharat Neeti

BHARAT NEETI

Be Ahead With Economy And Policy Updates

BHARAT NEETI

Be Ahead With Economy And Policy Updates

Patel Engineering Receives ₹126.37 Crore LOA for Tasgaon Lift Irrigation Scheme in Maharashtra

Mumbai: Maharashtra Krishna Valley Development Corporation has issued the Letter of Award (LOA) to a joint venture involving Mumbai-based infrastructure company Patel Engineering Limited (PEL) for an irrigation project under the Tasgaon Lift Irrigation Scheme in Maharashtra. The total contract value stands at ₹126.37 crore (excluding taxes), with PEL’s share in the contract amounting to ₹64.45 crore (51%). The Company had earlier been declared Lowest Bidder (L1) for the project, and the receipt of the Letter of Award (LoA) formalizes the award, marking the commencement of project execution. The Tasgaon

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