MoneyWorks4Me

Power Mech Projects' JV receives LoA worth Rs 499.41 crore

13 Oct 2022 Evaluate

Power Mech Projects' (PMPL) Joint Venture (JV) has received a Letter of Award (LoA) worth Rs 499.41 crore from Bangalore Metro Rail Corporation (BMRCL) for Construction of Depot cum workshop at Challaghatta in Reach-2 Extension of Bangalore Metro Rail Project, Phase-2. This project is awarded to RITES- PMPL JV, a Joint Venture of Rites and Power Mech Projects with 51:49 Sharing.

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 3699.00
Kalpataru Projects 1456.60
NCC 126.90
Rail Vikas Nigam 196.00
KEC International 362.35
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