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Patel Engg bags Rs.361 crore contracts

Thursday, 30 Jun 2005
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Mumbai-based Patel Engineering has bagged three major orders worth Rs.361 crore for highways development from National Highways Authority of India.

The company has bagged a Rs.224 crore project for four-laning and strengthening of NH-7 from Madurai to Kanyakumari (Km160 to Km203).

It has also won the Rs.238.72 crore project for strengthening and widening from two lane to four lane, of the existing section of NH-37 from Nagaon to Dharmatul in Assam. It also includes four laning of the Nagaon Bypass on NH-37 (Km280.57), crossing NH-36 near Km5 and up to Km262.7 of NH-37 in Assam. Both these projects are part of NHDP-Phase II and will be executed through the joint venture route.

The share of Patel Engineering in these contracts is Rs.361 crore.

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