The first order received from Hindustan Zinc entails operation and maintenance of 2x 91.2 MW including control room operation of captive power plant (CPP) at Dariba in Rajasthan. The consideration of the order stands at Rs 229.20 crore and is to be executed in a period of six years.
Subsequently, the civil construction company has also won a Rs 396.01 crore order from Vedanta which involves erection, testing and commissioning assistance of boiler, turbine, generator for its 2x600 MW project site at Singhitarai village in Chhattisgarh. The company said the order is to be executed in 18 months.
Power Mech Projects s 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 jumped 29.1% to Rs 50.99 crore on 15.9% increase in net sales to Rs 865.13 crore in Q1 FY24 over Q1 FY23.
|