Patel Engineering has received two Letter of Intents from Saidax Engineers and Infrastructures for the execution of excavation and associated works and transportation of coal at a project located at Jhiria West OCP of Hasdeo Area, Bilaspur, Chhattisgarh, for South Eastern Coalfields (SECL).
The total project value for both letter of intents combined is ₹ 798.19 crores (excluding taxes).
The combined scope of work includes “Composite Work Overburden Removal including Rehandling, Coal Cutting by Surface Miner, Loading and Transportation of Coal as well as Hiring of all required plant and equipment, supply of required quantity of diesel and complete maintenance of plant and equipment, required staff and labour for execution of works.
With a proven track record in large-scale infrastructure projects, Patel Engineering Ltd. is well- positioned to execute this work seamlessly.
Commenting on the development, Managing Director Kavita Shirvaikar said, “These new projects represents a natural extension of the large-scale infrastructure works we undertake and also open up new avenues. Importantly, these works come in addition to a robust tender pipeline of more than ₹34,000 crores already bid and under evaluation, as well as further opportunities worth ₹18,000 crores expected to come up for bidding before the end of this financial year. Looking ahead, nearly ₹1 lakh crores of projects are anticipated to come up for bidding over the next one to two years in the core areas that we operate. With these opportunities, we are confident that our order book will grow substantially in the coming year and beyond.”
