Stocks

Power Mech Projects bags work orders worth ₹351 crore

| Updated on January 22, 2020

Power Mech Projects has received letter of award/work orders worth ₹351 crore. These are: civil and architectural works of all buildings, structures and associated works for 2x660 MW Maitree Rampal Project, Bangladesh, to be completed in 20 months for a total contract price of ₹211 crore awarded by BHEL; and operation and maintenance services for 2x660 MW Jaypee Nigrie Super Thermal Power Plant at Nigrie (MP) for five years for a total contract price of ₹140 crore awarded by Jayprakash Power Ventures.

Shares of Power Mech Projects closed 1.05 per cent higher at ₹725.50 on the BSE.

Published on January 23, 2020

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