Hot Pursuit     21-Apr-23
Power Mech Projects gains on bagging orders worth Rs 720 cr
Power Mech Projects rose 1.53% to Rs 2,505.45 after the company received orders worth Rs 720 crore for various works.
The company has received order worth Rs 362 crore for construction of Government Medical College & Hospital for Uttara Khand Pey Jal Nigam, Uttarakhand.

The company has bagged orders for distribution works under RDSS (Revamped Distribution Sector Scheme) for Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company (MPPKWCL), Khargone Circle, Indore, Madhya Pradesh and railway electrification of 25 KV OHE works, Mysuru Division, Karnataka. The said orders are worth Rs 162 crore.

The firm has received an order worth Rs 106 crore for balance erection works & refurbishment of 2x525 MW Monnet ISpat, JSPL, Angul, Odisha.

Further, the company has also received an order worth Rs 90 crore for operation & maintenance of complete sea water Intake system a 702 MW CCPP, GSPC Pipavav Power Company , Pipavav Gujarat. Mechanical maintenance services of turbine - generator & auxiliaries and balance of plant, Adani, for 5X660 MW Tiroda thermal power plant, Tiroda, Maharashtra and mechanical maintenance of boiler and auxiliaries for 6x660 MW Sasan UMPP, Reliance Power, Sasan. Steel pipeline laying & associated works of city gas distribution networks for West Bengal Cluster, HPCL, West Bengal.

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 rose 54% to Rs 50.62 crore on 40.7% jump in net sales to Rs 909.11 crore in Q3 FY23 over Q3 FY22.

Previous News
  Power Mech Projects wins order worth Rs 305.81 cr
 ( Corporate News - 14-Mar-24   14:55 )
  Power Mech Projects to hold AGM
 ( Corporate News - 28-Aug-23   15:33 )
  Power Mech gallops on bagging orders worth Rs 2,192 cr
 ( Hot Pursuit - 29-Dec-23   14:52 )
  Power MechProjects
 ( Analyst Meet / AGM - Conference Call 11-Aug-21   09:42 )
  Power Mech Projects rises after Q2 PAT jumps 17% YoY to Rs 51 cr
 ( Hot Pursuit - 12-Nov-23   19:01 )
  Power Mech Projects to discuss results
 ( Corporate News - 20-Oct-22   16:11 )
  Power Mech Projects consolidated net profit rises 53.95% in the December 2022 quarter
 ( Results - Announcements 07-Feb-23   16:31 )
  Power Mech Projects
 ( Results - Analysis 06-Aug-19   11:35 )
  Power Mech Projects sizzles on winning multiple orders
 ( Hot Pursuit - 03-Mar-21   11:40 )
  Power Mech Projects
 ( Results - Analysis 14-Feb-19   12:04 )
  Power Mech Projects to convene board meeting
 ( Corporate News - 31-Jan-20   12:02 )
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