The company also holds an L1 position worth ₹2,575 crore, which offers strong visibility for future order inflows and strengthens prospects for the remainder of FY26
Since its last announcement on June 4, the company has received additional orders valued at around ₹1,600 crore for its India line pipe facility
Electronics system design and manufacturing firm Aimtron Electronics on Thursday said it has bagged an order from Vanix Technologies for supplying 50,000 Industrial Internet of Things (IIoT) and Artificial Intelligence (AI) devices. This order strengthens Aimtron's growth pipeline and is expected to create more new job opportunities as the company scales up production to meet delivery timelines, Aimtron said. The company, however, did not disclose the financial details. The production of the first batch will begin in October this year and is expected to be completed before the end of the year, it said. Over the next five years, the company said it plans to manufacture between 250,000 and 2-million IoT devices, accelerating the adoption of smart manufacturing solutions. "This partnership with Vanix Technologies (for which an initial pact was signed in December last year) further solidifies Aimtron's position as a trusted partner in the ESDM sector, aligning with the Central Governm
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.
Mistakes made while placing orders can result in losses, though with brokers the risk has reduced