The RVNL contract, valued at Rs 381.34 crore, encompasses the construction of vital infrastructure for the Yavatmal-Nanded new broad guage (BG) line in Maharashtra. This includes roadbeds, major and minor bridges, railway overbridges and underbridges, station buildings, staff quarters, and other key elements. The company has to complete this project within a period of 36 months.

NUPPL has awarded Power Mech a contract for undertaking comprehensive O&M (operation and maintenance) of three 660 MW plants at Ghattampur Thermal Power Project in Uttar Pradesh. This contract, worth Rs 263.57 crore, is for a period of 3 years.

Power Mech Projects is an engineering and construction company providing integrated service in erection, testing and commissioning (ETC) of boilers, turbines and generators and balance of plant (BOP), civil works and operation and maintenance (O&M).

The company's consolidated net profit rose 17.02% to Rs 51.27 crore on 20.88% increase in revenue from operations to Rs 932.49 crore in Q2 FY24 over Q2 FY23.