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Power Mech Projects Limited — Capital/Financing Update 2025
Feb 25, 2025
60676_rns_2025-02-25_be274035-9085-47db-8fe7-63e477a24eec.pdf
Capital/Financing Update
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Date: February 25, 2025
To To Listing Department Dept. of Corp. Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 Symbol/Security ID: POWERMECH Security Code: 539302
Dear Sir/Madam,
Sub: Receipt of order *
We are delighted to announce that our Company has secured a ₹164.63 Crore (excluding GST) order from Bharat Heavy Electricals Limited (BHEL) for Main Supply including Design & Engineering, Mandatory Spares and Civil Works including Erection & Commissioning (E&C) for 2 X 800 MW DVC Koderma TPS Phase-II- EPC project.
The details as required under the SEBI Master Circular No. SEBI/HO/CFD/PoD2/ CIR/P/ 2023/120 dated July 11, 2023, are given in the enclosed as Annexure-I.
This is for your kind information and dissemination to the public at large.
For Power Mech Projects Limited
MOVVA Digitally signed by MOVVA RAGHAVENDRA PRASAD RAGHAVENDRA Date: 2025.02.25 12:38:25 PRASAD +05'30' M. Raghavendra Prasad Company Secretary and Compliance Officer M. No.: A41798
Encl: as above
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Annexure-I
| S.No | Particulars | Details |
|---|---|---|
| A | Name of the entity awarding order(s)/Contract(s) |
Bharat Heavy Electricals Limited (CIN: L74899DL1964GOI004281) |
| B | Significant terms and conditions of order(s)/contracts(s) awarded in brief |
To provide Main Supply including Design & Engineering, Mandatory Spares and Civil Works including Erection & Commissioning (E&C) for 2 X 800 MW DVC Koderma TPS Phase-II- EPC project. |
| C | Whether order(s)/contract(s) have been awarded by domestic/ international entity |
Domestic Entity |
| D | Nature of order(s)/Contract(s) | Main Supply including Design & Engineering, Mandatory Spares and Civil Works including Erection & Commissioning (E&C) for 2 X 800 MW DVC Koderma TPS Phase-II- EPC project. |
| E | Whether domestic or international | Domestic |
| F | Time period by which the order(s)/contract(s)is to be executed |
30 months from date of LOA |
| G | broad consideration or size of the order(s)/contract(s) |
₹164.62 Crore(excluding GST) |
| H | Whether promoter/ promoter group/ group companies have any interest in the entity that awarded the order(s)/contract(s)? if yes, nature of interest and details thereof |
No |
| I | Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at “arm’s length” |
No |
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