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India : Power Mech Projects wins Rs 624 crore orders.

Power Mech Projects has secured a Letter of Intent/Work Orders worth Rs 624 crore.

The company's 50:50 JV - GTA Power Mech Nigeria has wom an order for Composite Work tender Unit - V for Dangote Oil Refining Company, Lagos, Nigeria for a total contract price of $76 million (approx Rs 491 crore).

Additionally, company's 51 % subsidiary Mas Power Mech Arabia LLC, has won an order for Installation works of HRSG, CENTER LINE (STG & GTG) #1, #2 & #3 for 1800MW ALBA PS5 CCPP, Kingdom of Bahrain, for a total contract price of $20.61 million (approx Rs 133 crore).

An integrated power infrastructure services company, Power Mech Projects' operations include three business lines: Erection Works, Operation & Maintenance (O&M) Services and Civil Works.

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Publication:Mena Report
Geographic Code:6NIGR
Date:Jul 4, 2017
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