Kavita Shirvaikar further said, “The Union Budget 2025 placed a strong focus on the Public-Private Partnership (PPP) model, and we recognize the government’s initiatives to enhance the private sector’s role in the country’s development. It is anticipated that the coordinated three-year project pipeline of the government, which is supported by ministries and the India Infrastructure Project Development Fund (IIPDF), will not only speed up the completion of projects but also sustain private sector participation. The cooperative framework in which states are encouraged to bid for PPPs is considered an important step towards efficiency and faster infrastructure development in the country.”
“Further strengthening this momentum, the launch of the second Asset Monetization Plan, with ₹10 lakh crore earmarked for reinvestment, underscores the commitment to leveraging existing assets to fund new projects,”Kavita Shirvaikar added.
Patel Engineering Limited. (‘PEL’ or ‘Company’), is a 75-year company established in the year 1949, have evolved as a construction company specializing in the hydropower and irrigation segments.
