Patel Engineering JV bags Rs 1,275 crore project in Madhya Pradesh
The contract was awarded by Madhya Pradesh Jal Nigam, Patel Engineering said, adding its share in the JV project is Rs 446.36 crore.
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The contract was awarded by Madhya Pradesh Jal Nigam, Patel Engineering said, adding its share in the JV project is Rs 446.36 crore.
The engineering, procurement and construction (EPC) project includes testing, commissioning, trial run and operations and maintenance. It is expected to be completed in 24 months, and its operations and maintenance will be carried out for 10 years.
Harper Macleod has advised the Dallas family on the investment into Ross-shire Engineering Limited (RSE) by private equity firm MML. Harper Macleod has acted for RSE, and the Dallas family, since September 2006 supporting them throughout various stages of their business journey, including the phased
Shefa Engineering has become a significant contributor to the Gross Domestic Product (GDP) of several oil-producing countries across West Africa through its broad range of services provided to stakeholders in the oil and gas sector.
The multibagger stock is also up over 95 per cent in one year and over 198 per cent in the last two years.