Patel Engineering Ltd (PEL), a Mumbai-based infrastructure company, has secured a Letter of Award (LoA) from the Maharashtra Krishna Valley Development Corporation for the Tasgaon Lift Irrigation Scheme in Satara district, Maharashtra. The total contract value stands at ₹126.37 crore (excluding taxes), with PEL's share amounting to ₹64.45 crore (51 per cent) through a joint venture, according to a company statement.
Project Scope and Technical Details
The project involves the construction of a comprehensive irrigation and water distribution system for a command area of 2,277 hectares across six villages in Satara taluk: Tasgaon, Varne, Karandwadi, Devkarwadi, Degaon, and Nigadi. The scope of work includes:
- Headworks
- Pump houses
- Switchyards
- Rising mains
- Delivery chambers
- Pumping machinery
- Associated civil, mechanical, and electrical works
- A closed pipe distribution network involving excavation, laying, and jointing of MS, PCCP, and HDPE pipelines
According to the media statement, the Tasgaon Lift Irrigation Scheme is an important irrigation infrastructure initiative aimed at enhancing water availability and supporting agricultural development in the region.
Financial Structure and Joint Venture
PEL was earlier declared the lowest bidder (L1) for the project. The receipt of the LoA formalises the award, marking the commencement of project execution. The joint venture structure sees PEL holding a 51% share, equivalent to ₹64.45 crore, while the remaining 49% is held by its partner. The total contract value is ₹126.37 crore excluding taxes.
| Parameter | Detail |
|---|---|
| Contract Value | ₹126.37 crore (excl. taxes) |
| PEL Share | ₹64.45 crore (51%) |
| Command Area | 2,277 hectares |
| Number of Villages | 6 |
| Taluk | Satara |
| District | Satara, Maharashtra |
| Completion Period | 48 months |
Timeline and Expected Impact
The project is scheduled for completion within 48 months. It is expected to improve irrigation access across multiple villages, contributing to higher agricultural productivity and long-term rural development in Maharashtra. The project award follows PEL's competitive L1 bidding and formalises the execution timeline.
For manufacturing executives and procurement professionals, this contract signals continued investment in water infrastructure, with demand for pumps, pipelines, and electrical equipment from suppliers. The closed pipe distribution network using MS, PCCP, and HDPE pipes represents a significant procurement opportunity for manufacturers of these materials.
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