Top Stories

Power Mech Bags Order Worth Rs 563 Cr from BHEL to Construct Nuclear Power Plant

May 31, 2024

By: BlinkX Research Team

Power Mech Projects on Wednesday bagged an order worth 563.23 crore rupees from state-owned Bharat Heavy Electronics Limited (BHEL) to construct a nuclear power plant. The order is the company’s first such construction project in the critical nuclear power sector.

Key Takeaways from Power Mech Projects’ Order: - H2 Listicles

• Power Mech Projects bagged an order worth 563.23 crore rupees from BHEL.
• It is the company's first construction project in the critical nuclear power sector.
• Power Mech has been awarded this order for civil, structural, and architectural works of the turbine island package.

Power Mech Projects has been awarded this order for civil, structural, and architectural works of the turbine island package of 2x700 MWe PHWR Kaiga Atomic Power Project, Units 5 and 6 in Karnataka.

The contract is expected to be executed within 32 months. The order represents Power Mech's expansion of its existing industrial civil works capability into the nuclear power projects sector. 

About Power Mech Projects Limited: - H2

Power Mech Projects Limited was established in 1999 and headquartered in Hyderabad. It is among the leading companies in project and infrastructure construction. It is also a leading service provider in plant operation and maintenance. The company has a global presence with a wide spectrum of services in the power, non-power, and infrastructure sectors. The company has established a niche covering almost every segment including the erection, testing and commissioning of the main plant and balance of plant, operation and maintenance, and repairs among others. Power Mech has its major operations in India and also has a presence in more than 10 countries.

Read More About Power Mech Projects Limited Share Price Here!