Feb 15, 2017 09:58 AM IST | Source: Moneycontrol.com

Power Mech Projects up 4% on orders win worth Rs 476 crore

The company has bagged supply and service contract for electrification work of Hoshangabad & Harda district of Bhopal region of MPMKVVCL, Bhopal in Madhya Pradesh for a total price of Rs 78.18 crore for a period of 24 months.

Power Mech Projects up 4% on orders win worth Rs 476 crore
Moneycontrol Bureau

Shares of Power Mech Projects added nearly 4 percent intraday Wednesday on orders win worth Rs 475.86 crore.

The company has bagged supply and service contract for electrification work of Hoshangabad & Harda district of Bhopal region of MPMKVVCL, Bhopal in Madhya Pradesh for a total price of Rs 78.18 crore for a period of 24 months.

The company received order for contraction of civil, architectural and structural works for 1*800 MW in Tamil Nadu for a total contract price of Rs 246.51 crore for a period of 36 months.

It has bagged an order of Rs 126.17 crore for balancing works of levelling and grading of entire plant area and all roads and drains at 3*660 MW North Karanpura STPP, Jharkhand.

The company has got an order worth Rs 25 crore from Doosan Power Systems India for semi finished works of main plant package for unit 1, 2 and 3 of 3*660 MW NTPC Barh project.

At 09:53 hrs Power Mech Projects was quoting at Rs 465.30, up Rs 14.75, or 3.27 percent on the BSE.

Posted by Rakesh Patil
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