Power Mech Projects has formed a new joint venture (JV) to support its international operations with Skipper T&D in the Dubai Multi Commodities Centre (DMCC).
In an interview to CNBC-TV18, S Kishore Babu, CMD of Power Mech spoke about the latest happenings in his company and sector.
Power Mech Projects has bagged orders worth Rs 195.86 crore from Doosan Power Systems India and Alstom Bharat Forge, the company informed exchanges yesterday.
In an interview to CNBC-TV18, Kishore Babu of Power Mech explains why the company is expecting to see a slump in FY16 revenues.
Going forward Kishore Babu, CMD, Power Mech Projects is confident of seeing an uptick in revenue growth for the Q3 and Q4. The revenues would be around Rs 400 crore in both the quarters.