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Power Mech Projects bags orders worth Rs 412 cr

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Press Trust of India New Delhi

Power Mech Projects Tuesday said it has bagged two orders worth Rs 412 crore in the domestic market.

The company has received letter of intent/work order for civil, structural and architectural works for main plant area at 1x660 mega watt (MW) Bhusawal Thermal Power Station, Maharashtra for around Rs 285.50 crore to be completed within a period of 40 months, the company said in a BSE filing.

The company said it has also secured a Rs 126.5 crore contract for a project at Vijaynagar, Bellary, Karnataka which is scheduled to be completed within a period of 12 months.

Shares of Power Mech Projects were trading 1.64 per cent higher at Rs 1,013.95 apiece on BSE.

 

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First Published: Jul 02 2019 | 11:50 AM IST

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