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
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?