Power Mech bags orders worth Rs 624 cr

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Press Trust of India New Delhi
Last Updated : Jul 04 2017 | 12:13 PM IST
Power Mech Projects today said two of its subsidiaries have bagged international orders worth Rs 624 crore.
"GTA Power Mech Nigeria Ltd, 50 per cent JV of Power Mech Projects Ltd has received an order for composite work..For Dangote Oil Refining Company Ltd, Lagos, Nigeria for a total contract price of USD 76 million (approximately Rs 491 crore)," Power Mech Projects said in a BSE filing.
It further said: "Mas Power Mech Arabia LLC, 51 per cent subsidiary of Power Mech Projects Ltd has received an order for installation works..From Kingdom of Bahrain for a total contract price of USD 20.61 million (approximately Rs 133 crore).
Shares of Power Mech Projects were trading 0.84 per cent higher at Rs 590 on BSE.

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First Published: Jul 04 2017 | 12:13 PM IST

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