RVNL and Patel Engineering have signed an MoU to collaborate on hydro and infrastructure projects, both in India and abroad.
The partnership merges Patel Engineering’s infrastructure expertise with RVNL’s rail and transport proficiency to enhance project execution.
The MoU allows for flexible project participation, enabling joint or independent bids based on project scope and requirements.
This partnership aims to create a collaborative framework that enhances synergies and delivers high standards of project execution.
RVNL shares surged by 349.92% over the past year, while Patel Engineering shares saw a decline of 5.87% over the same period.