Power Mech Projects bags orders worth Rs 412 crore

Power Mech Projects on July 2 said it has bagged two orders worth Rs 412 crore in the domestic market.

The company has received letter of intent/work order for civil, structural and architectural works for main plant area at 1×660 mega watt (MW) Bhusawal Thermal Power Station, Maharashtra for around Rs 285.50 crore to be completed within a period of 40 months, the company said in a BSE filing.

The company said it has also secured a Rs 126.5 crore contract for a project at Vijaynagar, Bellary, Karnataka which is scheduled to be completed within a period of 12 months.

Shares of Power Mech Projects were trading 1.64 per cent higher at Rs 1,013.95 apiece on BSE.

[“source=moneycontrol”]