Patel Engineering, a rapidly growing company in India’s infrastructure sector, is planning to participate in hydropower projects worth ₹1.5 lakh crore. The company’s Managing Director, Kavita Shirvaikar, mentioned that they see significant opportunities in the hydropower sector and are planning to bid for 38,000 MW of hydropower projects. Additionally, the company is also planning to expand into irrigation and other infrastructure projects.
Highlights:
- Major investment by Patel Engineering in hydropower projects
- Bidding for projects worth ₹1.5 lakh crore
- 38,000 MW hydropower projects
- Identified ₹50,000 crore worth of projects in the irrigation sector
- Target to add ₹15,000 crore to the order book by 2025
Important Points:
| Key Points | Details |
|---|---|
| Company’s Main Focus | Hydropower and Infrastructure |
| Proposed Projects | 38,000 MW hydropower projects |
| Total Value | ₹1.5 lakh crore |
| Irrigation Contribution | 21.05% |
| 2025 Target | To add ₹15,000 crore to the order book |
| Contribution from Other Sectors | Roads (2.99%), Tunnel Construction (11.02%) |
Table of Contents
Patel Engineering’s Plans in Hydropower Projects
Patel Engineering is a leading infrastructure company in India, specializing in the construction of dams, tunnels, and hydropower projects. The company’s Managing Director, Kavita Shirvaikar, stated that they are planning a significant expansion in the hydropower sector for the fiscal year 2025. According to her, the company plans to bid for 38,000 MW of hydropower projects, with a total cost of ₹1.5 lakh crore.
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Company’s Focus on the Irrigation Sector
60.67% of Patel Engineering’s order book comes from hydropower projects, while the irrigation sector contributes 21.05%. The company aims to strengthen its position in the irrigation sector in the coming years. Shirvaikar mentioned that the company has identified ₹50,000 crore worth of projects in the irrigation sector and plans to bid for them.
2025 Order Book Target
The Managing Director also mentioned that Patel Engineering will participate in tenders worth ₹50,000-60,000 crore in 2025. If the company achieves a 25-30% success rate, they will be able to add ₹10,000-15,000 crore to their order book.
FAQs
What are Patel Engineering’s major projects?
Patel Engineering specializes in hydropower, irrigation, tunnel construction, and road projects.
How much of Patel Engineering’s order book is contributed by hydropower?
60.67% of Patel Engineering’s order book is contributed by hydropower projects.
What are Patel Engineering’s plans in the irrigation sector?
The company has identified ₹50,000 crore worth of projects in the irrigation sector and plans to expand in this area.
What is Patel Engineering’s order book target for 2025?
The company aims to add ₹15,000 crore to its order book by 2025.
How much is Patel Engineering investing in the hydropower sector?
The company plans to invest ₹1.5 lakh crore in 38,000 MW hydropower projects.
