Power Mech Secures ₹1,008.90 Crore Order for Civil and Structural Works from JSW Thermal Energy

Power Mech Secures ₹1,008.90 Crore Order for Civil and Structural Works from JSW Thermal Energy

Power Mech Secures ₹1,008.90 Crore Order for Civil and Structural Works from JSW Thermal Energy​

Power Mech Projects Limited has secured a significant contract worth ₹1,008.90 Crores from JSW Thermal Energy Limited for civil and structural works related to a major thermal power project in West Bengal.

The order pertains to the Civil & Structural Works of the BTG Area for JSW Thermal Energy's 2x800MWThermal Power Project at Salboni, West Bengal. The contract was awarded by JSW Thermal Energy Limited, a domestic entity.

This major infrastructure assignment mandates that the work be completed within 36 months from the effective date or commencement of the works.

Key details regarding the order are as follows:

ParticularDetail
Awarding EntityJSW Thermal Energy Limited
Nature of WorkCivil & Structural Works
Project ScopeBTG Area for 2x800MWThermal Power Project at Salboni, West Bengal
Order Value₹ 1,008.90 Crores (inclusive of GST)
Execution TimelineWithin 36 Months from commencement

The contract terms indicate that the awarding entity is domestic and there are no reported interests or related party transactions involving the promoter group in connection with this specific order. The agreement focuses solely on the delivery of civil and structural works for the defined power project.

ONELIFECAP Stock Price Movement​

Onelife Capital Advisors Limited closed Friday with a substantial gain, settling at ₹31.19 after edging higher by 4.95%. The stock reached its 52-week high and was traded over 71,816 shares during the session.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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