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Power Mech Projects
Power Mech Projects on Thursday said that it has secured an order worth Rs 370.84 crore from Adani Power arm Mahan Energen for the execution of civil works at the Mahan Phase-III project in Singrauli, Madhya Pradesh. Mahan Energen Ltd was formerly known as Essar Power M P Ltd. The scope of work includes the execution of civil works and erection of prefabricated structural steel for BTG (boiler turbine generator) units 1and 2, the main powerhouse, central control building, ESP, FGD and limestone handling system, switchyard, and other ancillary works for Mahan PHASE III (2 x 800 MW), Mahan Energen Ltd at Singrauli, according to a regulatory filing. "We are delighted to announce that our company has secured Rs 370.84 crore (Excluding GST and BOCW Cess) order from Mahan Energen Ltd (MEL), one of the subsidiaries of Adani Power Ltd, for execution of civil works ," it said. The order will be executed in 30 months from the date of issuance of notice to proceed. PTI KKS 1.0.
Power Mech Projects has bagged orders worth Rs 232.03 crore, including building of power house and balance of plant at a thermal project and coal handling plant. The company received orders under three packages worth Rs 122.89 crore from state-owned engineering firm BHEL in various packages, the company said in a BSE filing. Package A includes erection of power house Unit 1 & 2 and other buildings at 2x660 MW NTPC Talcher, Odisha. Package B includes erection of ash handling plant structure, and tank fabrication at the NTPC Talcher plant. Package C includes erection of coal handling plant structure at the plant. The other order of Rs 52.74 crore includes balance civil and architectural works of superstructure of power house, bunker area and balance works in other areas of main plant of Yadadri TPS (thermal power station) Unit 4 & 5 -- Rs 52.74 crore. Another order of Rs 56.40 crore includes mechanical structure erection works at PP2 and Balance Quantity of Coke Oven Projects ...
Power Mech Projects Ltd on Tuesday posted a 22.5 per cent rise in consolidated net profit to Rs 62 crore for the quarter ended December 2023, aided by higher income. It had reported a net profit of Rs 50.6 crore in the October-December period of the preceding financial year, the company said in an exchange filing. Its total income rose to Rs 1,114.9 crore from Rs 912 crore a year ago. Expenses stood at Rs 1,008.2 crore against Rs 840.9 crore in the third quarter of the last fiscal. Hyderabad-based Power Mech Projects is one of the leading infrastructure-construction companies providing a spectrum of services in the power and infrastructure sectors.
Infrastructure company Power Mech Projects has bagged an order worth Rs 825 crore for civil and mechanical construction works for 2x800 MW (Phase II) of Mahan Ultra Supercritical Thermal Project at Singrauli in Madhya Pradesh, according to a regulatory filing. Various packages under this order will be completed over a period of 22-33 months, it stated. "Civil and mechanical construction works for 2x800 MW (Phase-II) Mahan Ultra Supercritical Thermal Power Project, Village Bandhua, District Singrauli, Madhya Pradesh from Mahan Energen Ltd for Rs 825 crore," the filing said.
Power Mech Projects on Tuesday said it has bagged a Rs 355 crore order from state-owned Bharat Heavy Electricals Limited (BHEL). The scope of work includes erection, commissioning and trial operation including application of lining/insulation, Power Mech Projects said in a regulatory filing. It also includes handing over of boiler and its auxiliaries, power cycle piping, steam turbine generator of unit I and II at 2X660 MW NTPC, Talcher, Odisha, it said. Based in Hyderabad, Power Mech Projects is one among the leading infrastructure-construction companies with global presence.
Power Mech Projects has been awarded a mine development and operation (MDO) project of Rs 30,438 crore by state-owned steel maker SAIL. "This project is being awarded to a consortium of Power Mech Projects Ltd (PMPL) - PC Patel Infra Pvt Ltd for development and operation of Tasra opencast project, located at Jharia Coal fields in Dhanbad district of Jharkhand," a regulatory filing said on Monday. PMPL is the consortium leader with 74 per cent equity stake and while PC Patel Infra has 26 per cent stake. The duration of the contract is 28 years which includes 2 years of development period. The MDO contract will primarily comprise mine infrastructure development, removal of overburden and extraction of coking coal, crushing, transportation, setting up of coal washery of 3.5 MTPA capacity. Besides, it will supply steel grade coking coal to SAIL and carry out other activities incidental to mining as per the project document. The project has total coal extraction reserves of 96.78 MT .