Power Mech Projects bags orders worth Rs 245 crore

NEW DELHI: Power Mech Projects Monday said it has bagged two orders worth Rs 245 crore in the domestic market."The company has received letter of intent/work orders for structural and architectural works of main plant area of unit 1 at 2x800 mega watt (MW) Uppur Super Critical Thermal Power Project, Ramanathapuram District, Tamil Nadu for a total contract value of Rs 136 crore," the company said in a BSE filing.The company said it has also secured an operation and maintenance contract for 2X800 MW coal based Yeramarus Thermal Power Station for a period of 30 months at Chikkasugur, Raichur District, Karnataka for a contract value of Rs 109 crore.Shares of Power Mech Products Ltd were 1.78 trading per cent higher at Rs 941.50 apiece on BSE.

from Economic Times https://ift.tt/2EziiVp