Announced Sat, 20 Jun · 17:23 IST
Power Mech bags Rs 1,008.90 Cr order from JSW Thermal Energy
Business Updates View source PDF
POWERMECH · price
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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹2850.00
prior close
₹2955.00
base price
After-mkt
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AI summary
Power Mech Projects has secured an order worth Rs 1,008.90 Crores (inclusive of GST) from JSW Thermal Energy Limited. The scope covers civil and structural works of the BTG area for a 2x800 MW thermal power project at Salboni, West Bengal. It is a domestic contract to be executed within 36 months from the date of commencement. The order is not a related party transaction.
Likely market impact
Strengthens order book with a major domestic contract from a reputed client, improving revenue visibility over the next three years.