Power Mech bags orders worth Rs. 115 crore

Hyderabad based engineering and construction company, Power Mech, informed on Thursday that it has secured orders for different projects which value around Rs. 115 crore.

The company informed that it has received Letter of Intent/Work Order for the four projects.

The first project is for operation and maintenance services for 2X600 MW, Coal based Singareni Thermal Power Plant (STPP) at Pegdapalli (V), Jaipur - Mandal, Mancherial District Telangana for a total contract price of approximately Rs. 62 crore, for a period of two years.

The second project is a mega contract for Electrical and C&I Maintenance at NTPC Khargone (2x660 MW) for a total contract price of approximately Rs. 13 crore, for a period of 36 months.

The third project to the company includes long term contract for maintenance (PM, BD and OH) of equipment of main plant boiler and auxiliaries and BOP (excluding major overhauls of boiler and turbine) at NTPC Khargone (2 X 660 Mw) for a total contract price of approximately Rs. 13 crore, for a period of 36 months.

While the fourth project contract is for maintenance of boiler, turbine, generator and auxiliaries, mechanical equipments, ash handling, electrical and control and instrumentation system at 2X660 MW units at Meja Thermal Power Plant for a total contract price of approximately Rs. 27 crore, for a period of 36 months.

On 2.45 pm, the stock of Power Mech was trading at Rs. 757, up by 0.40 per cent on BSE.