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Power Mech to incorporate 50% JV company along with Skipper T&D

26 Dec 2017 Evaluate

Power Mech Projects has received an approval for the incorporation of a 50% JV Company along with Skipper T&D in DMCC (Dubai multi commodities centre), Dubai to support its international operations. The Investment Committee of the Board of Directors in their meeting held on December 23, 2017, approved the same.

Power Mech Projects is an integrated power infrastructure services company. The Company's operations include three business lines: Erection Works, Operation & Maintenance (O&M) Services and Civil Works.

Peers
Company Name CMP
Larsen & Toubro 3819.50
Kalpataru Projects 1390.30
NCC 135.00
Rail Vikas Nigam 197.10
KEC International 397.60
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