Hot Pursuit     03-Mar-21
Power Mech Projects sizzles on winning multiple orders
Power Mech Projects rose 3.7% to Rs 560 after the EPC company received letters of award for orders worth Rs 734 crore.
The company received a Rs 401 crore order from Vedanta for operating & maintaining of boilers & auxiliaries, TG & auxiliaries, DM plant, electrical, filed operations and other miscellaneous jobs of 4 x 660 MW, thermal power plant at Jharsuguda, Odisha.

It bagged EPC work order worth Rs 198 crore from Kurmitar Iron Ore Mining for design & engineering, supply, installation, commissioning and PGT of 9 MTPA ore handling package at primary area in Odisha.

The company won an all civil, architectural and structural work order worth Rs 135 crore for main plant for 2X660 MW Khurja STPP (turbine generator and associated packages) from BHEL at Khurja, Uttar Pradesh.

Power Mech Projects operates as an engineering and construction company, which provides erection, testing and commissioning (ETC), civil and operation and maintenance services for power projects.

On a consolidated basis, the company's net profit declined 91% to Rs 3.15 crore on a 6.8% fall in net sales to Rs 508.49 crore in Q3 FY21 over Q3 FY20.

Previous News
  Power Mech Projects
 ( Results - Analysis 13-Nov-22   09:10 )
  Power Mech gains after bagging O&M contract from from Coastal Energen
 ( Hot Pursuit - 16-Aug-24   09:58 )
  Power Mech gallops on bagging orders worth Rs 2,192 cr
 ( Hot Pursuit - 29-Dec-23   14:52 )
  Power Mech Projects wins orders worth Rs 2192.41 cr
 ( Corporate News - 29-Dec-23   14:10 )
  Board of Power Mech Projects recommends final dividend
 ( Corporate News - 27-May-23   16:27 )
  Power Mech Projects incorporates wholly owned subsidiary - PMTS
 ( Corporate News - 13-Mar-24   16:59 )
  Power Mech Proj gallops after Q3 PAT jumps 54% YoY
 ( Hot Pursuit - 07-Feb-23   15:31 )
  Power Mech Projects
 ( Results - Analysis 09-Feb-23   05:19 )
  Power Mech Projects consolidated net profit rises 950.48% in the December 2021 quarter
 ( Results - Announcements 28-Jan-22   13:56 )
  Power Mech Projects consolidated net profit rises 13.75% in the March 2021 quarter
 ( Results - Announcements 17-Jun-21   16:15 )
  Power Mech gallops on preferential issue plan
 ( Hot Pursuit - 23-Aug-22   12:21 )
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