Power Mech Projects Limited has been awarded an order by the Gujarat Mineral Development Corporation Limited, a Government of Gujarat enterprise, valued at ₹ 226.66 crores (excluding GST).
This contract involves comprehensive operations and maintenance (O&M) services for the 250 (2X125) MW Akrimota Thermal Power Station, including the operation, maintenance, and repair of all associated equipment and the transition to the 220KV switchyard. The execution period is set for 3 years, tentatively starting from December 16, 2024.
This order has been awarded by a domestic entity, and there is no interest from promoters or related parties in this transaction, ensuring that it operates at arm’s length.