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Power Mech Projects bags orders worth Rs 1507 crore

06 Jul 2020 Evaluate

Power Mech Projects has received Letter of Intent/Work Order for the three projects worth Rs 1507 crore. The first project is for Civil & Architectural works of coal handling plant (CHP) area of all units 5x800 MW (ie unit 1 to unit 5) at Yadadri Thermal Power Plant, at Dameracherla, Nalgonda district in ‘Telangana, India for a contract price of Rs 290 crore to be executed over 26 months.

The second project is for Sand Mining contracts from the Madhya Pradesh State Mining Corporation at two different locations. The first contract at Sehore District which consists of 30 sand mines / quarries at different locations. The total contract value for the mining is Rs 272 crore for 60.00 Lacs CUM of sand over a period of 30 Months and the second contract at Bhind District which contain 75 sand mines / quarries at different locations. The total contract value to be paid for the mining is Rs 205 crore for 75.00 Lacs CUM of sand over a period of 30 Months. 

The third project received from NMDC for the turnkey job of the proposed 12 MIPA installation of the third screening and crushing plant of iron ore at Kirandul, Chattisgarh state. The total value of the bid is Rs 1,229 crore excluding taxes and the share of Power Mech Projects Ltd is Rs 740 crore around 60% as leader of the consortium. The contract is to be executed over 33 Months.

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.


Power Mech Projects Share Price

2377.90 76.60 (3.33%)
17-Apr-2026 16:59 View Price Chart
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