Published On:December 30 2023
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"Power Mech Projects Ltd Secures Orders Valued at Rs. 2192.41 Crores"

"Power Mech Projects Ltd Secures Orders Valued at Rs. 2192.41 Crores"

Power Mech Projects Limited has successfully clinched significant orders totaling Rs. 2,192.41 Crores. The detailed breakdown of the orders includes a contract for the revival and Operations and Maintenance (O&M) services at a coal-fired power plant. This plant comprises 2x150 MW (Phase-1) and 2x350 MW (Phase-2) Sub-Critical Units situated in the village of Thamminapatnam, District Tirupati, Andhra Pradesh. The esteemed client, Meenakshi Energy Limited, has awarded this contract with a value of Rs. 674.81 Crores.

Additionally, Power Mech Projects Limited has secured a mining contract for river bed minerals (RBM) located in the river beds of Dehradun, Haridwar, Udham Singh Nagar, and Nainital Districts. The mining operation, valued at Rs. 1,517.60 Crores, will span a period of five years, amounting to Rs. 303.52 Crores per annum. The execution of this contract will take place through a special purpose vehicle to be incorporated specifically for this purpose. These significant orders further underscore Power Mech Projects Limited's robust presence and capabilities in diverse sectors of the infrastructure and mining industries.

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