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Patel Engineering Secures ₹1,318.89 Crore CIDCO Contract for Kondhane Dam Construction

6 May 2025 , 11:57 AM

Patel Engineering Ltd (PEL), which is based in Mumbai and involved in infrastructure work, has been awarded a big urban infrastructure job of ₹1,318.89 crore from the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO).

The project for the Kondhane Dam and its allied infrastructure development through advanced Roller Compacted Concrete (RCC) technology was awarded to PEL. It was earlier designated as L1 (lowest bidder) for this job prior to receiving the actual work order officially.

The Kondhane Dam project will be undertaken in Village Kondhane, Taluka Karjat, District Raigad of Maharashtra. The entire project period stands at 42 months from the commencement date.

The contract scope involves major civil construction activity, with the dam intended to have a length of 1,209 meters and a height of 83 meters. The project will also incorporate hydro-mechanical and electrical construction including the installation of 3 radial gates, manual and electrical gate operating systems, and other electrification items.

Patel Engineering’s Managing Director, Ms. Kavita Shirvaikar, showed faith in the company delivering the project with efficiency and quality, emphasizing it as a good beginning for FY26. She pointed out that the award underscores PEL’s ability to execute complex infrastructure projects and solidifies its position in nation-building. As infrastructure activity gains pace in India, Patel Engineering feels positive about its upcoming project pipeline and growth path.

Patel Engineering Ltd was formed in 1949 and has a rich experience of more than 76 years in infrastructure business, predominantly in hydropower, tunnelling, and irrigation. The firm has successfully completed over 85 dams, 40 hydroelectric power schemes, and over 300 km of tunneling.

Its customer base comprises central public sector undertakings (PSUs) and state government organizations from both domestic and global markets.  The Kondhane Dam project victory further adds to the firm’s dominance in the Indian infrastructure sector, especially in major water resource development schemes.

Related Tags

  • cidco
  • CIDCO Project
  • Infra News
  • Kondhane Dam Construction
  • Patel Engineering
  • Stock Market today
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