Power Mech Projects Secures ₹ 1,008.90 Crore Order for Thermal Power Project in West Bengal
Power Mech Projects Limited has secured a significant order from JSW Thermal Energy Limited for the execution of civil and structural works. The contract involves services related to a large-scale thermal power project located at Salboni, West Bengal.The deal, valued at ₹ 1,008.90 Crores inclusive of GST, details the scope of work between the two companies. JSW Thermal Energy Limited is the entity awarding the domestic order to Power Mech Projects Limited.
The contract specifies that the civil and structural works pertain to the BTG Area of a 2x800MW Thermal Power Project at Salboni. The execution timeline for the project has been set for within 36 months from the effective or date of commencement of works.
Key details regarding the awarded order are summarized below:
| Aspect | Detail |
|---|---|
| Client | JSW Thermal Energy Limited |
| Nature of Work | Civil & Structural Works |
| Project Scope | BTG Area for 2x800MW Thermal Power Project at Salboni, West Bengal |
| Contract Value | ₹ 1,008.90 Crores (inclusive of GST) |
| Execution Period | Within 36 Months from commencement |
The order is classified as a domestic contract and there are no reported conflicts concerning related party transactions between the client and Power Mech Projects Limited.
POWERMECH Stock Price Movement
On Friday, shares of Power Mech Projects Limited edged higher to close at ₹2839.90, recording a 1.24% gain during the trading session. The stock traded 64,257 shares as it finished its move on the construction firm.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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