Orders worth over Rs 2192 crore bagged by Power Mech
Leading infrastructure-construction company Power Mech Projects has bagged orders worth Rs 2,192.41 crore for revival, operations, and maintenance (O&M) services at the coal-fired power plant and mining of river bed minerals.
The firm bagged a contract for revival and operations and maintenance (O&M) services at a coal-fired power plant consisting of 2x150 MW (Phase-1) and 2x350 MW (Phase-2) Sub-Critical Units located at Thamminapatnam, in Tirupati district of Andhra Pradesh from Meenakshi Energy Ltd for Rs 674.81 crore.
Further, the firm bagged an order for the mining of river bed mineral (RBM) located in the river bed of Dehradun, Haridwar, Udham singh Nagar, and Nainital Districts for Rs 1,517.60 crores. As per Power Mech Projects, the orders would be executed through a special-purpose vehicle to be incorporated.