Power Mech Secures ₹551.35 Cr Deals: Strengthening its Position in the Thermal Power Sector
In a significant development, Power Mech Projects Limited, a leading thermal power construction company, has secured two domestic orders worth ₹551.35 crore. The orders, which further bolster the company’s position in the thermal power sector, include a comprehensive contract from SJVN Thermal and a smaller order from Jhabua Power.
The larger of the two orders, valued at ₹498.39 crore, is a contract from SJVN Thermal for the commissioning and O&M (Operations and Maintenance) of the 2×660 MW Buxar Thermal Power Project in Bihar. This project is expected to be completed within 39 months, demonstrating the company’s expertise and capabilities in delivering complex thermal power projects.
The second order, worth ₹52.96 crore, is from Jhabua Power for the O&M of the boiler, turbine, and generator units in Madhya Pradesh. This order is a testament to Power Mech’s ability to handle a range of thermal power projects and its commitment to providing high-quality services to its clients.
These two orders are significant additions to Power Mech’s order book, which now stands at ₹539.94 crore. The company’s ability to secure these deals is a reflection of its expertise, reliability, and commitment to delivering high-quality projects on time and within budget.
Power Mech’s success in securing these orders is also a testament to the company’s strategic focus on the thermal power sector. The company has consistently demonstrated its capabilities in executing complex thermal power projects, and these orders reinforce its position as a leading player in the sector.
The Buxar Thermal Power Project, which Power Mech will be working on, is a significant project that will contribute to the country’s power generation capacity. The project is expected to be completed within a timeframe of 39 months, which is impressive considering the complexity of the project. Power Mech’s expertise in handling thermal power projects will be crucial in ensuring the project’s timely completion and meeting the required quality standards.
The order from Jhabua Power is also significant, as it demonstrates Power Mech’s ability to handle a range of thermal power projects, including those related to boiler, turbine, and generator units. The company’s expertise in providing O&M services will be essential in ensuring the smooth operation of these units and minimizing downtime.
Power Mech’s success in securing these orders is also a reflection of the company’s strong relationships with its clients and partners. The company has built a reputation for delivering high-quality projects on time and within budget, which has earned it the trust of its clients and partners.
In conclusion, Power Mech’s securing of ₹551.35 crore deals is a significant development in the thermal power sector. The company’s ability to handle complex thermal power projects, including commissioning and O&M, is a testament to its expertise and capabilities. These orders further strengthen Power Mech’s position in the sector and demonstrate its commitment to delivering high-quality projects to its clients.
