Power Mech Projects Secures ₹1,008.90 Crore Order from JSW Thermal Energy
Power Mech Projects secured a ₹1,008.90 Crore order from JSW Thermal Energy for Civil & Structural Works of a 2x800 MW Thermal Power Project. The project is located in Salboni, West Bengal, and is to be executed within 36 months.
The order value of ₹1,008.90 Crores is substantial and represents a significant new contract for the company, likely impacting its revenue and project pipeline positively.
The company has secured a new, significant order valued at over ₹1,000 Crores, which is a positive development for its business.
Power Mech Projects Limited has announced the receipt of a significant order from JSW Thermal Energy Limited. The order pertains to the Civil & Structural Works of the BTG Area for a 2x800 MW Thermal Power Project located in Salboni, West Bengal.
The contract is with a domestic entity, JSW Thermal Energy Limited. The scope of work involves crucial civil and structural construction for the boiler, turbine, and generator areas of the power project.
The execution period for this order is stipulated to be within 36 months from the effective date or commencement of works. The broad consideration for this contract is valued at ₹1,008.90 Crores, inclusive of Goods and Services Tax (GST). The company has confirmed that neither the promoter, promoter group, nor group companies have any interest in JSW Thermal Energy Limited, and the order does not fall under related party transactions.
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Power Mech Projects Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Power Mech Projects Limited. Read the original for the full detail.