Power Mech Projects receives orders worth Rs 624 crore approx.

Through its subsidiary and JV

Power Mech Projects announced that the following Subsidiaries/JVs of the Company have received a Letter of Intent/Work Orders for the following projects:

GTA Power Mech Nigeria, 50% JV of Power Mech Projects has received an order for Composite Work tender Unit - V for Dangote Oil Refining Company Ltd, Lagos, Nigeria for a total contract price of US $ 76,000,000 (US Dollar Seventy-Six Million only) approximately Rs 491 crore.

Mas Power Mech Arabia LLC, 51 % Subsidiary of Power Mech Projects has received an order for Installation works of HRSG, CENTER LINE (STG & GTG) #1,#2 & #3 for 1800MW ALBA PS5 CCPP, Kingdom of Bahrain, for a total contract price of US $2,06,16,165 (US Dollar Twenty Million Sixty One Lakhs Six thousand One hundred and sixty five only) approximately Rs 133 crore.

 

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