Power Mech Projects Limited — New Orders, 29-11-2024: Bagging/Receiving of orders/contracts

The company has secured an order worth ₹ 510 Crores from Adani Power Limited for mechanical construction works on the 2x800 MW Raipur Phase-II Ultra Supercritical Thermal Power Project in Chhattisgarh. The contract is expected to be executed within 34 months from the start date of erection. This project is significant as it strengthens the company’s portfolio in the energy sector. The completion of such large-scale contracts could enhance revenue streams and position the company favorably in a competitive market. Investors should watch closely for potential revenue growth stemming from this development.