Power Mech bags three projects worth Rs 10.34 bn
POWER & RENEWABLE ENERGY

Power Mech bags three projects worth Rs 10.34 bn

Power Mech Projects has secured three projects totalling Rs 10.34 billion, including one from the Adani Group.

In a regulatory filing, the company said it has received service order/letters of award (LoAs) worth this amount.

A service order from the Adani Group is for retrofitting of flue gas desulphurisation (FGD) system at its thermal power plants located at Mahan in Madhya Pradesh and Raigarh and Raipur in Chhattisgarh. This order is of Rs 6.08 billion.

Another order of Rs 3.06 billion is for setting up a wagon repair workshop at Kazipet, Telangana. This project has been awarded to Power Mech-Taikisha, its joint venture company with Taikisha Engineering India Pvt Ltd.

The third project of Rs 1.19 billion is for providing technical expert, rotary technicians and operation and maintenance services at Dangote Petroleum Refinery and Petrochemicals Project, Lagos, Nigeria.

The contract period of this work is 24 months, Power Mech said.

See also:
The roads and water sectors remain key interest areas for Welspun
Cosmea pulls out of race to acquire Reliance Capital


Power Mech Projects has secured three projects totalling Rs 10.34 billion, including one from the Adani Group. In a regulatory filing, the company said it has received service order/letters of award (LoAs) worth this amount. A service order from the Adani Group is for retrofitting of flue gas desulphurisation (FGD) system at its thermal power plants located at Mahan in Madhya Pradesh and Raigarh and Raipur in Chhattisgarh. This order is of Rs 6.08 billion. Another order of Rs 3.06 billion is for setting up a wagon repair workshop at Kazipet, Telangana. This project has been awarded to Power Mech-Taikisha, its joint venture company with Taikisha Engineering India Pvt Ltd. The third project of Rs 1.19 billion is for providing technical expert, rotary technicians and operation and maintenance services at Dangote Petroleum Refinery and Petrochemicals Project, Lagos, Nigeria. The contract period of this work is 24 months, Power Mech said. See also: The roads and water sectors remain key interest areas for WelspunCosmea pulls out of race to acquire Reliance Capital

Next Story
Building Material

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Next Story
Real Estate

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

Next Story
Infrastructure Energy

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?