Power Mech Projects Secures ₹ 227.95 Crores Order from South Western Railway
Power Mech Projects Limited has secured a significant contract from the South Western Railway, Bangalore. The order involves the development of a major maintenance depot, utilizing an Engineering Construction and Procurement (EPC) model.The contract award was made by the South Western Railway, Bangalore, a domestic entity, for the development of the Vande Bharat Sleeper Trains Maintenance Depot at Thanisandra (THSA) between Channasandra and Yelahanka Stations in Karnataka.
The total consideration for the order amounts to ₹ 227.95 Crores, which includes Goods and Services Tax. The project execution timeline is stipulated to be within 30 months from the Appointed Date.
The details of the secured order are as follows:
| Particulars | Details |
|---|---|
| Awarding Entity | SOUTHWESTERN RAILWAY, BANGALORE |
| Scope of Work | Development of Vande Bharat Sleeper Trains Maintenance Depot at Thanisandra (THSA) between Channasandra and Yelahanka Stations, Karnataka |
| Contract Nature | Engineering Construction and Procurement (EPC) |
| Domestic/International | Domestic Entity |
| Order Value | ₹ 227.95 Crores (Including Goods & Services Tax) |
| Execution Timeline | Within 30 months from the Appointed Date |
POWERMECH Stock Price Movement
Shares of Power Mech Projects Limited are edging higher to ₹2497 as of 2:33 PM today, gaining 3.67% on the live market. The equity continues to see strong momentum, tracking a robust volume of 91,124 shares throughout the session.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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