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Award15 Aug 2026, 05:00 pm

DMR Engineering Wins ₹1.66 Cr Project Management Contract

AI Summary

DMR Engineering Ltd has announced a revised intimation regarding a Letter of Award for the appointment of a Project Management Agency (PMA) for the 1500MW Tarali Pumped Storage Project in Maharashtra. The company, acting as the technical and lead member of a consortium, will provide engineering consultancy services for this domestic project. The contract duration is 8 years, with an aggregate value of ₹1,66,00,000 (Rupees One Crore Sixty-Six Lakh only), inclusive of GST. The awarding entity is Power Finance Corporation Limited. This award does not involve related party transactions.

Key Highlights

  • Secured a Project Management Agency contract for a 1500MW project.
  • Contract value stands at ₹1.66 Crore over 8 years.
  • Awarded by Power Finance Corporation Limited, a domestic entity.
  • Services are for engineering consultancy, part of a consortium.