Power Mech Projects has identified the buyer and finalized the terms and conditions, in a bid to divest 2% stake in its Saudi Arabian subsidiary -- Mas Power Mech Arabia. The company has identified buyer namely Venkata Krishna Rao Yendluri, who is an NRI holding Indian Passport and presently living in Dubai.
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.
