Power Mech Projects Ltd receives LOA for projects worth Rs. 1068.36 crores

Power Mech Projects Ltd has received the Letters of Award for the following works worth Rs.1068.36 Crores:

1. Implementation of Various Rural Water Supply Projects in the State of Uttar Pradesh for Meerut District under State Water & Sanitation Mission, Govt. of Uttar Pradesh.

2. Implementation of Various Rural Water Supply Projects in the State of Uttar Pradesh for Aligarh District under State Water & Sanitation Mission, Govt. of Uttar Pradesh. Works No.1 & 2 worth Rs.898 Crores, awarded for a Joint Venture of Power Mech Projects Limited.

3. For Prayagraj Power Generation Company Limited for its 3x660 MW TPP, "Field operation with Mech. and C&I Maintenance, BTG and BOP" Operation and Maintenance of CHP, its associated systems, Railway logistics and the railway yard operations and Weighbridge management works worth Rs.100.36 Crores in Bara, Uttar Pradesh.

4. Operation of Wagon Trippler and Truck Tripplers for Tata Steel BSL worth Rs.70.00 Crores in Angul, Odisha.

Shares of Power Mech Projects Ltd was last trading in BSE at Rs.543.35 as compared to the previous close of Rs. 534.25. The total number of shares traded during the day was 12478 in over 992 trades.

The stock hit an intraday high of Rs. 554.2 and intraday low of 535.45. The net turnover during the day was Rs. 6788389.

Source : Equity Bulls

Keywords