Power Mech wins over Rs 2,500 crore BHEL power project order
POWERMECH · price
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Power Mech Projects has secured a domestic order worth over Rs 2,500 crore, excluding GST, from Bharat Heavy Electricals for engineering, procurement and construction work at the 1 x 800 MW Singareni Stage II power project in Mancherial, Telangana. The scope covers design, supply, civil work, erection, testing and commissioning. The execution period is 38 months from the start of work.
The large domestic order boosts revenue visibility, but execution, funding and margin risks remain.