Deals27 Apr 2026, 02:29 pm
Power Mech Projects secures ₹227.95 Cr order from SWR
AI Summary
Power Mech Projects Ltd has secured a significant domestic order from South Western Railway, Bangalore. The contract, valued at ₹227.95 Crores (including GST), involves the development of a Vande Bharat Sleeper Trains Maintenance Depot at Thanisandra, Karnataka. The project will be executed on an Engineering Construction and Procurement (EPC) mode and is expected to be completed within 30 months from the appointed date. This order is not a related party transaction and no promoter/promoter group has an interest in the awarding entity.
Key Highlights
- Secured a significant EPC order from South Western Railway.
- Contract valued at ₹227.95 Crores, boosting order book.
- Project involves Vande Bharat Sleeper Trains Maintenance Depot.
- Execution timeline set for 30 months from the appointed date.
- Order highlights company's expertise in railway infrastructure.