Deals10 April 2026 at 06:00 am
Power Mech Projects Wins ₹296.44 Cr Mumbai Monorail O&M Order
AI Summary
Power Mech Projects Ltd has secured a domestic order valued at ₹296.44 Crores (excluding GST) from Maha Mumbai Metro Operation Corporation Limited. The contract involves the Operations and Maintenance of the Mumbai Monorail's 19.54 km corridor, which includes 17 stations connecting Sant Gadge Maharaj Chowk to Chembur. This significant order is for a period of five years and is not a related party transaction. This win enhances the company's order book and reinforces its position in the urban infrastructure operations and maintenance segment.
Key Highlights
- Secured ₹296.44 Crores order for Mumbai Monorail O&M.
- Contract duration is for a period of five years.
- Scope covers 19.54 km corridor with 17 stations.
- Order awarded by Maha Mumbai Metro Operation Corporation Limited.
- Domestic order, not a related party transaction.