Valecha Engineering (VEL) incorporated in 1957, is promoted by the Valecha brothers as an entrepreneurial concern in Gopaldas Vasudev & Co. The company started with small road projects for the BMC with a subsequent entry into the field of irrigation projects like dams in 1977 and bridges in 1980.
Over the years, the company grew in size and stature with time and was then converted into a public limited company rechristened as Valecha Engineering in the year 1993. The years 1997 and 1998 saw the Valecha Engineering foray into airports, flyovers and foundation piling works.
Today Valecha Engineering is a leading player in the construction industry having a group turnover of Rs 3000 millions.
VEL is engaged in the construction of major infrastructure and engineering projects such as irrigation dams, reservoirs and canals, roads, highways and expressways, bridges and tunnels, railways, airports and foundation and piling works.
The company has also achieved the accreditation of ISO 9001:2000 and positioned itself as a globally accepted construction and infrastructure company.
It has created some of the most prominent civil engineering infrastructure landmarks of India and has positioned itself as a globally accepted construction and infrastructure development company.
The shares of the company are listed on Bombay Stock Exchange and National Stock Exchange. It is one of the firms, which deal regularly with the Government of India projects aided by the World Bank.
The company’s clientele list includes names like Brihanmumbai Municipal Corporation (BMC), Central Public Works Departments, Delhi Metro Rail Transport, Indian Railways Construction, Jawaharlal Nehru Port Trust (JNPT), Konkan Railway Corp, Maharashtra State Road Development Corporation (MSRDC), Maharashtra State Warehousing Corporation (MSWC), Metro Urban Transport Project (MUTP), Mumbai Metropolitan Region Development Authority (MMRDA), National Building Construction Corporation (NBCC), National Highways Authority of India (NHAI), National Thermal Power Corporation (NTPC) and Public Works Departments.