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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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