Power Mech Projects bags order worth Rs 500 crore

6/19/2018

Mumbai, Power Mech Projects, a power infrastructure services company, has received Letter of Intent/work orders worth Rs 500 crore. First order is for Erection, testing, commissioning etc. of Boiler & Auxiliaries of 1x660 MW unit # 1 including auxiliary boiler for 2x660 MW, including operation and maintenance at Maitree, Bangladesh for a contract value of USD 1,64,74,184 (around Rs 105 crore) to be completed within a period of 31 months, the company said in a filing with the BSE. Execution of Kaleshwaram Project (through JV) - Construction of Ramayampet Canal including distributory network for irrigating an ayacut of 41203 Ac. under Kanda Pochhama Sagar, Siddipet District, Telangana for a total contract value of Rs 373 crore to be completed within a period of 12 months. Mas Power Mech Arabia (51 percent Subsidiary Company) received an order for mechanical assembly contract for the Shuaibah - 3 second water expansion seawater desalination plant in Shuaibah in the Kingdom of Saudi Arabia for a contract price of USD 1943987(approximately Rs 12 crore) to be completed within a period of 7 months. Mas Power Mech Arabia (51 percent Subsidiary Company) received an order for the services of onsite mechanical assembly of the steam turbine in Waad Al Shamal ISCCPP Project at Waad Al Shamal in the Kingdom of Saudi Arabia for a contract value of USD 1527000 (approximately Rs 10 crore) to be completed within a period of 12  months.

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