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Power Mech Projects Limited Capital/Financing Update 2020
60676_rns_2020-07-06_8c3e79f4-b674-4b20-9f85-1b730226c895.pdf
Capital/Financing Update
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Date: 06.07.2020
'To, To, Dept of Corporate Services, National Stock Exchange of India Limited, The BSE Limited, Exchange Plaza, PJ Towers, DalalStreet, Bandra Kurla Complex, Fort, Mumbai — 400001 Bandra (E), Mumbai - 400051
Sub: Receipt oforders worth 1507 Cr Ref: BSE Sctip Code: 539302 NSE Symbol: POWERMECH seboioolok
Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that the Company has received a Letter of Award / LI intimation for the followingwork:
| Date: 06.07.2020 | ||||
|---|---|---|---|---|
| 'To, | The BSE Limited,PJ Towers, DalalStreet,Fort, Mumbai — 400001 | To,Dept of Corporate Services,Exchange Plaza,Bandra Kurla Complex, | National Stock Exchange of India Limited,Bandra (E), Mumbai - 400051 | |
| Sub: Receipt oforders worth 1507 CrPOWERMECHRef: BSE Sctip Code: 539302 NSE Symbol:seboioolok | ||||
| Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that the Company has | ||||
| received | a Letter of Award / LI intimation for the followingwork: | |||
| S.No Customer | ||||
| 1. | Yadadti Thermal Power Plant | |||
| 2. 'Vhe Madhya Pradesh State Mining Corporation Limited | ||||
| 3. | NMDC (L1 & Power Mech Share in consortium) | |||
| Total | ||||
| The below are the details of the orders : | ||||
| 1. | Civil & Architectural works of coal handling plant (CHP) area of all units 5x800 MW (ie unit | |||
| unitto1 | ThermalPowerDameracherla,YadadriPlant,5)atat | |||
| 'Telangana, India for a contract price of Rs. 290.00 Cr to be executed over 26 months. | ||||
| Amt in Rs Cr290.00.477.00740.001507.00Nalgonda | ||||
The below are the details of the orders :
- Civil & Architectural works of coal handling plant (CHP) area of all units 5x800 MW (ie unit 1 to unit 5) at Yadadri Thermal Power Plant, at Dameracherla, Nalgonda district in 'Telangana, India for a contract price of Rs. 290.00 Cr to be executed over 26 months.
POWER MECH PROJECTS LIMITED JAS-ANZ AN ISO 9001, ISO 14001 & OHSAS 18001 CERTIFIED COMPANY
i Regd. & Corporate Office : Phone : 040-30444444 Plot No. 77, Jubilee Enclave, Opp. Hitex, Fax — : 040-30444400 Madhapur, Hyderabad-500081 E-mail : [email protected] : * Telangana, India Website : www.powermechprojects.com M4570910iN CIN : L74140TG1999PLC032156
- Sand Mining contracts from the Madhya Pradesh State Mining Corporation Limited, at following locations :
a. SehoreDisttict:
- © Schore belt consists of 30 sand mines / quarries at different locations in Sehore district.
- e The total contract value for the mining is Rs 272 Crores for 60.00 Lacs CUM of sand over a period of 30 Months.
b. BhindDistrict :
- e Bhind belt containing 75 sand mines / quarries at different locations in Bhind district.
- e The total contract valuc to be paid for the mining is Rs 205 Crores for 75.00 Lacs CUM of sand over a period of 30 Months.
'The actual revenues and margin will depend upon Market conditions and pricing of sand.
- Power Mech Projects Ltd as leader of the consortium has joined hands with Pune based Thyssenkrupp Industires India Pvt Ltd a subsidiary of M/s 'Thyssenkrupp AG, German Multinational company having presence in 78 countries across the globe and has been placed the lowest bidder for the EPC tender called by NMDC for the turnkey job of the proposed 12 MIPA installation of the third screening and crushing plant of iron ore at Kirandul, Chattisgarh state.
For Power Mech Projects Ltd this initiative is a quantum jump in its diversification efforts in the areas of material handling and associated works, and further enhances the market penetration in undertaking engineering works of material handling job of the above work in association with Thyssenkrupp Industries India Pvt Ltd. Both the companies together bring in their vast expertise in the field of engineering and project execution.
The total value of the bid is Rs 1,229 Cr excluding taxes and the share of Power Mech Projects Ltd is Rs 740Cr around 60% as leader of the consortium. Tl t is to be C! KE executed over 33 Months.
POWER MECH PROJECTS LIMITED. <>/
Zz AN ISO 9001, ISO 14001 & OHSAS 18001 CERTIFIED COMPANY
i Regd. & Corporate Office : Phone : 040-30444444 ae Plot No. 77, Jubilee Enclave, Opp. Hitex, Fax — : 040-30444400 jMadhapur, Hyderabad-500081 E-mail : [email protected] se) SAE * Telangana, India Website : www.powermechprojects.com ETVERST M4S570910IN CIN : L74140TG1999PLC032156
'The 'Trading Window for all designated persons as under "Power Mech - Insider 'Trading Policy" will be closed from Monday06"July, 2020 to Wednesday 08"July2020.
'This is for your information and for dissemination to the general public at large.
Mech Projects
Chairman and Managing Director POWER MECH PROJECTS LIMITED
DIN : 00971313
AN ISO 9001, ISO 14001 & OHSAS 18001 CERTIFIED COMPANY Regd. & Corporate Office : Phone : 040-30444444
Plot No. 77, Jubilee Enclave, Opp. Hitex, Fax — : 040-30444400 ANAB Madhapur, Hyderabad-500081 E-mail : [email protected] sea) SAFETY EST ms Telangana, India Website : www.powermechprojects.com M4570910iN CIN : L74140TG1999PLC032156
