Power Mech Projects Limited — New Orders, 25-02-2025: Bagging/Receiving of orders/contracts

Power Mech Projects Limited has secured a significant order valued at ₹164.63 Crore (excluding GST) from Bharat Heavy Electricals Limited (BHEL). This order entails the Main Supply, including Design & Engineering, Mandatory Spares, Civil Works, and Erection & Commissioning (E&C) for the 2 X 800 MW DVC Koderma TPS Phase-II EPC project. The project execution period is set for 30 months from the date of the Letter of Acceptance (LOA). The entry into this contract positions Power Mech to enhance its portfolio in the EPC sector, presenting a positive outlook as they expand their operational capabilities while leveraging the reputation of BHEL as a domestic entity. Investors should monitor the execution progress closely, as successful completion could bolster future growth opportunities.