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Patel Engineering Ltd
BSE Code 531120 ISIN Demat INE244B01030 Book Value (₹) 40.62 NSE Symbol PATELENG Div & Yield % 0 Market Cap ( Cr.) 4,725.13 P/E * 21.36 EPS * 2.62 Face Value (₹) 1
* Profit to Earning Ratio
* Earning Per Share
Patel Engineering JV successfully bids for Rs 1275 cr project of Madhya Pradesh Jal Nigam Back
(22 Aug 2023)
Patel Engineering announced that the company in a joint venture has been declared the lowest bidder for Rs. 1,275.30 crore contract for the works involving Engineering, Procurement, Construction, Testing, Commissioning, Trial Run and Operation & Maintenance for 10 Years of Narmada-Gambhir, District Ujjain & Indore Multi-Village Drinking Water Supply Scheme in a Single Package on ‘Turn-key Job Basis' by Madhya Pradesh Jal Nigam, Govt. of Madhya Pradesh Undertaking.

The project is to be completed in a period of 24 months and further operations and maintenance for the whole scheme to be carried out for a period of 10 years.

The said project is located in Ujjain and Indore, Madhya Pradesh and the project is to be executed in a Joint Venture, of which PEL's share is 35%, i.e. Rs. 446.36 crore.