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Power Mech Projects Limited Investor Presentation 2021

Feb 16, 2021

60676_rns_2021-02-16_0b92f182-bd88-4557-841f-60dbf1a60b84.pdf

Investor Presentation

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Investors Presentation Q3 & 9M FY21

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16 [th] Feb 2021
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Disclaimer

Safe Harbor Statement

  • The information contained herein has been prepared to assist prospective investors in making their own evaluation of Power Mech Projects Limited (hereinafter ‘the company’) and does not purport to be all-inclusive or to contain all of the information a prospective or existing investor may desire.

  • This Information may include certain statements and estimates provided by the company with respect to the projected future performance of the company. Such statements, estimates and projections reflect various assumptions by management concerning possible anticipated results, which assumptions may or may not be correct.

  • Prospective investors will be expected to have conducted their own due diligence investigation regarding these and all other matters pertinent to investment in the company.

  • This presentation may contain statements that are “forward looking statements.” The company’s actual future results may differ materially from those suggested by such statements, depending on various factors for which the company and its management does not take any responsibility.

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Power Mech – At a Glance

A leading Industrial Services and Construction Company providing versatile and comprehensive service in power and infrastructure sector

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FY 20 Established in 1999 by Presently Operates PanLargest O&M service Total Income: Rs 21,740 Mn Mr. S. Kishore Babu, a India, Middle East, South provider in India EBITDA : Rs 2,801 Mn technocrat and first Asia and Africa PAT : 1,313 Mn generation entrepreneur Credit Rating “CARE A”

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Journey of the Company, Major milestones and achievements

  • →Listing in BSE & NSE, overwhelming response subscribed by 38 times

  • →First ETC of 1 X 63 Tph and 2 X 165 →Private Equity into Power Mech Tph AFBC Boilers, 20.85 MW & 55 →First major international work in Libya, 2X157 MW Erection MW, Raigarh, BHEL of 2 Gas Turbines, BHEL

  • →Major O&M of 4X600 MW at Jharsuguda, Vedanta →Started manufacturing facility at Noida

  • →First AMC of 655 MW Combined →First ETC of 1X500 MW Boiler & Auxiliaries including ESP, Cycle Dual Fuel IPP Power Plant, Mejia, BHEL Paguthan, GPEC →Erection of Structural, Steam Generator & Auxiliaries of 3 Boilers for India’s two UMPP 800 MW unit (Gujarat, Tata Power), Doosan & 6X660 MW unit, Sasan, R Infra

  • 1999 2002-04 2007-09 2010-12

  • →Entry in Steel Sector, Erection & Fabrication work 3.0 MTPA & 2.7 MTPA, Nagarnar (NMDC) & Angul (JSPL)

  • →First FGD Work 500 MW, Vindhyachal, GE

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2014-16 2017-21
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  • →Completed major international projects at Shuqaiq, KSA (4X660MW, SEC) & Bheramara, 360 MW (L&T, Bangladesh)

  • →Major orders in Super Critical Projects 660 MW, Erection, Structural Fabrication works, Sepco, Adani, BGR, CLP

  • →First major Civil Work 2X520 MW, (Vizag, HNPCL), BHEL →Entry in Industrial Sector Mechanical & Piping work in Refineries (Dahej, ONGC & Paradeep, IOCL)

  • →First major Erection of Gas Turbine & Civil Work, 4X100 MW, Yemen, Marib, BHEL

  • Incorporation of the Company →Entry in Hydro Power O&M & Mini EPC →Foray in Power Sector Business

  • →Entry into Oman, Saudi Arabia, Bahrain and Nigeria

  • →First O&M project in Public Sector, 2X600 MW, Singareni Collieries

  • →Strategic foray into Railway, RVNL, composite package (37 Km, AP) & Rural Electrification, 33/11 KV Hoshangabad, MPMKVVCL

  • →Entry for cross country laying of pipe lines, IOCL

  • →Prestigious project Infrastructure Development, Med Tech Zone, A.P

  • →Quantum jump in its diversification efforts in the area of iron ore material handling & associated works

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Established Track Record

Integrated power infrastructure services

Track record of ~21 years

  • Established a track record of successfully executing ETC-BTG and BOP contracts for large power projects

  • Engaged on ETC-BTG projects for the first two ultra-mega power projects (UMPPs) (Mundra & Sasan) as well as for 19 su p ercritical power projects in India

  • These include up to 800 MW unit capacity super-critical projects

  • Carried out the overhauling of a supercritical 660 MW turbine and providing AMC services for an ultra-mega power project (UMPP)

  • In addition to our operations in India, we have also executed various international power projects in the Middle East, North Africa, South Asia and South America .

26,00,000 MT of aggregate tonnage of the erection works executed
MW, engaged on ETC-BTG and BOP Works so far
MW, the aggregate unit capacity of the AMCs we are engaged in
Number of O&M contracts that we have been engaged in, since the
commencement of the O&M business
Number of Cranes, ranging from 10 ton to 300 ton in capacity enabling
the Company to quickly and effectively mobilize project works
Number of AMC services for power plants across India
Number of super critical power projects where we executed ETC-BTG
projects
We executed ETC-BTG for both first 2 UMPPs in India
Km’s of Cross Country Pipeline
Cubic meter of earth work completed under Railway Project
Cubic meter ballast supplied to Railways
64,000
55,000
520
300
45
19
2
170
4,00,000
1,00,000

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Our Service presence across key areas

Industrial Construction
Industrial Construction
Industrial Services (O&M)
International Operations
Infrastructure Construction (Civil)
Power Projects (Ultra Mega, Super

Overhauling and Maintenance of

Erection, Testing & Commissioni
Power Plants, Railway, Industrial
Critical, Sub
Critical & Combined
Cycle
Power
Projects),
Nuclear,
Refinery & Petro Chemicals, Steel
Plant,Oil Pipe Line & Cement

Erection,
Testing
&
Commissioning of BTG & BOP

Steam Generators & Auxiliaries

Steam Turbine Generators & TG
Auxiliaries

Critical Piping, LP & HP Piping

Structural Steel, Coal Handling
Plant,
Ash
Handling,
Cooling
Water System, Fuel Oil System

ESP, Ducts, FGD & SCR
Boiler, Turbine & Auxiliaries

R&M of BTG, GTG

Repair,
Modification
and
Rehabilitation of Boiler

Revival and Life Extension, etc

Coal Handling Plant

BOP packages

Trouble Shooting

Upgrade & Retrofits

Rebuilds & Plant Relocation
ng of Oil Fired Boiler, HRSG,
Reserve/Auxiliary Boiler & BOP

Steam
Turbine
Generators
&
Auxiliaries,
Gas
Turbine
Generators & Auxiliaries

Combined Cycle Power Piping,
LP
&
HP
Piping,
High
Pressure Piping, Structural Steel,
Plant, Cooling Water System,
Fuel Oil System

ESP,
Ducts,
&
SCR,
Rotating
Equipment‘s

Desalination Plants

Civil Works
Projects etc.

Foundation,
Decks,
Plant
Buildings, Chimney & Cooling
Towers

Geothermal Soil Exploration

Mass Excavation, Area Grading &
Land Development

Bored Cast & Driven Cast Piping

Water & Canal Works

Permanent Way – EWE

Permanent Way Linking Works

Track Linking

Minor & Major Bridges

Industrial Buildings

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Our Service presence across key areas (cont..)

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Industrial Construction
Electricals Hydro Power & Water Manufacturing
 Extra High Voltage Substation  Supply & construction of Hydro  Fabrication of Heavy Structures ,
Works power plants
Large & High Pressure Tanks,
 Construction of 33/11 Kv  Renovation & modernization
Substations Heavy Trusses, Ducts, Pipes etc
 AMC & O&M, after sales
 Strengthening of existing services, spares management,  Repair of Steam & Hydro
Substations RLA Study, LTSA
Turbines
 Construction of 33 Kv & 11 Kv  Trouble shooting of chronic
Lines problems by providing value  Tie-up with Major OEM
 Construction of Transmission of added technical solutions in Companies for authorized
Electromechanical and Hydro- production of critical & general
Lines
mechanical fields spares, etc
 Optical Fiber Networks  EPC of mini hydro projects  Reverse Engineering of spares
 OHE, S&T  Sewage treatment plant(STP’s)
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Company Strengths

Comprehensive service provider in Power Sector

Large talent with Highly Experienced Management Team with strong industry background

Largest service provider in O&M space

Strong execution capabilities across verticals

Well diversified business profile with stable revenue generating higher margins

Marquee clientele: Long-term relationships with major OEM, EPC players and Utility companies

Robust Financials

Project handling capabilities across the globe

Huge Asset Base with over 300 Cranes and construction equipments

Qualified Independent Board & best Corporate Governance

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Qualified Board

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Sajja Kishore Babu, CMD

Founder of the company holds bachelor’s degree in Mechanical Engineering. He has 35 years of experience in power and infra sector. He is an able administrator and Dynamic Leader, and he also serves the board of subsidiary & JVs

Vivek Paranjpe, Independent Director

B. Sc (Honors), post graduated from XLRI, over 40 years of experience, served as Group President of RIL. Currently Strategic HR advisor to RIL and Independent Director,Motilal OswalFin. Services

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Sajja Lakshmi, Non Executive Director

She is a science graduate and holds place in HR management of the company & also member of CSR committee of the company. She is interested in social service activities offering her time and energy Enthusiastically

GDV Prasada Rao, Independent Director

M . E(Chem) , retired as a GM in Andhra Bank after ~ 28 years, currently VP of HEAL, an NGO working with orphans & poor children

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M Rajiv Kumar, Non Executive Director

Graduate in electrical engineering, he spent his entire career of 38 years in BHEL, rising to the level of Executive Director, Power Sector, Eastern Region

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T. Sankaralingam, Independent Director

B.E(Elec), around 40 years of experience in the power sector, served as CMD of NTPC and MD of BGR Energy in the past. Also worked at BHEL

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Lasya. Y, Independent Director

Post Graduate in Management from ISB, MS in Electrical engineering from university of Texas. She has 15 years of experience in IT Project Management and delivery , client engagement

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Professional and Experienced Management Team

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S Kodandaramaiah, Director – Business Development

Post graduate in mechanical engineering. More than 4 decades of experience in power and industry sector related to EPC, Construction, project management, Business Development. Worked in BHEL, GE.

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M. Rajendran, COO

Degree in Civil Engineering. He has more than 38 years of experience in construction & project management in power & industrial sector. He was associated with BHEL .

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Janardhan Kar, Director O&M

Rich experience of more than 40 years in the field of Power Sector. He was associated with NTPC & Chattisgarh State Power Generation Co.

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G. Srinivasulu – Executive Director (Non Board)

Has more than three decades of rich experience in the Power Sector dealing in Project & Construction Management, Erection & Commissioning.

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S Amarnath: Executive Director (Non Board)

Diploma in Civil Engineering with 35 years of experience in Power and Industrial Construction. Previously he was associated with Indwell Constructions.

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Arbind Koul, MD Hydro Magus P.Ltd

38 years of experience in installing, maintaining, and repairing Hydro Generators and Hydro Turbines. He was associated with BHEL and BC Hydro Britsh Columbia, Canada.

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J. Satish , CFO

MBA, Chartered Accountant by Profession. He has got more than 18 years of experience in the field of Finance & Accounts. He has worked with PWC, Deloitte, Kerzner International, Indu Projects & Emaar .

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K Ajay Kumar, Sr.VP – O&M

BE Mechanical, he has more than 23 years of experience in Operation & Maintenance, Business Development. Previously he was associated with Indwell Constructions.

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Anantha Reddy, VP- Electrical T&D

MBA in Project Management, B.E.E. (AMIE) Kolkatta & Diploma in Electrical Engineering. 28 Years of Experience in Business Development, Project Management and Site Execution of T&D .

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Biswajit Das - VP – O&M

B Sc Engineering (Electrical). With more than 30 years of experience in erection, commissioning and maintenance of large power plants. He was with Lanco Infratech .

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Shareholding Pattern

Key Shareholders

7.21%
2.69
2.73
3.76
0.65
2.71
Promoters
Resident Individuals
Mutual funds
63.11
14.69
9.66
AIFs
FP-Corp
Bodies Corporate
NRI
Others
S No Name Shares Category Percentage
1 Promoters & Family 92,83,955 Promoter 63.11%
2 HDFC Small Cap Fund 10,03,126 MUT 6.82%
3 IDFC Multi Cap Fund 4,17,737 MUT 2.84%
4 Banyan Tree Growth Capital II LLC 3,56,051 FPI 2.42%
5 Bekem Infra 1,24,203 LTD 0.84%
6 First Water Fund 40,000 FPC 0.27%
7 Adesh Ventures LLP 36,875 LTD 0.25%
8 NRI Vantage Equity Fund 27,281 AIF 0.19%
9 Long Term Equity Fund 22,152 AIF 0.15%

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Established Relationships with Clients – Domestic Projects

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Established Relationships with Clients – International Projects

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Infra for Project Management

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Large construction
equipment base
Primavera
SAP
&
Site level, Support
functions MS Project-
Productivity Application
SBU Heads 8,700 HR Base
For Project Engineers, Supervisors,
Responsibility Technicians, HSE, FQA
Other Staff
Capability Centers
Construction, Quality, Sa
fety, Facility Engineering
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Business Strategy

Expanding the services footprint & leveraging technical expertise to target higher margin contracts

Back ward and forward integration has been at the core of the Company’s business consolidation and growth, and this motto continues to drive the future endeavors

Expanding O&M profile and increased penetration in the domestic sector of IPP base, Utility sector of Central and State utilities, Captive Thermal power base, and integrating the spares business

Entering into value added services by synergizing the existing ETC capabilities into non-power sector for increased business growth in metal, steel, minerals, petrochemicals etc.

To integrate the construction capabilities with EPC opportunities available in material handling jobs using the strong Civil and ETC base already established for improved growth

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Further geographical expansion in export space and consolidation of business in Middle East, Africa, Bangladesh for new investments in petro chemicals, refineries, desalination plants

Identifying feasible and rewarding EPC contracts in infra segment in Railway, Roads, Urban Infra Development, Energy, Transmission and Distribution

Continued efforts to foray into FGD retrofit investments taking place with suitable tie ups with EPC players and technology providers

Enhancing project execution capabilities and project delivery mechanism for better utilization of existing assets, human and capital resources for improved asset turnover, and strengthening IT infra for real time project execution and timely execution of projects.

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Expanding of O&M service into other sectors & new horizons

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Solar
Thermal
Hydro
Domestic
O&M
(AMC, R&M,
GAS
Steel Trouble
(Power)
shooting
etc)
Fully developed
Captive Exports
Power (Thermal)
Partially developed
Refinery &
Petro
To be developed
Chemicals
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Expanding Horizons…… Expanding Horizons…… …..Broadening Capabilities …..Broadening Capabilities

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Q3 FY21 – YoY Consolidated Financial Performance

INR in million

Total Income

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Total Income EBIDTA PAT
800 742 400 364
5,500 5,474
5,400 600 300
5,300 13.6%
400 315 200 6.6%
5,179
5,200
200 100
5,100 6.1% 31
5,000 - -
0.6%
Q3FY20 Q3FY21 Q3FY20 Q3FY21 Q3FY20 Q3FY21
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Q3 Revenue

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Erection O&M Electrical Works Civil & Other Works
2,500 2,015 1,750 1,714 400 340 2,000 1,836
2,000 1,700 300 1,473
1,330 1,500
1,500 192
1,650 1,626 200
1,000
1,000
500 1,600 100 500
- 1,550 - -
Q3FY20 Q3FY21 Q3FY20 Q3FY21 Q3FY20 Q3FY21 Q3FY20 Q3FY21
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Note: Covid impacted operations significantly, hence the current results are not comparable with previous quarter performance

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9M FY21 – YoY Consolidated Financial Performance

INR in million

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Total Income EBIDTA PAT
20,000 2,500 2,115 1,200 999
15,760
2,000 1,000
15,000 11,423 800
1,500 13.4% 600 6.3%
10,000 400
1,000 200
5,000 500 (200)-
- - (400)(600) 9MFY20 9MFY21-7.1%
9MFY20 9MFY21 (500) 9MFY20 9MFY21(211) -1.8% (800)
(1,000) (813)
9M Revenue
Erection O&M Electrical Works Civil & Other Works
6,000 5,597 4,800 4,741 1,200 1,048 4,400 4,286
1,000
5,000 4,700 4,200
4,000 4,600 800 4,000
3,000 2,805 4,500 4,376 600 499 3,800
4,400 3,583
2,000 400 3,600
4,300
1,000 4,200 200 3,400
- 4,100 - 3,200
9MFY20 9MFY21 9MFY20 9MFY21 9MFY20 9MFY21 9MFY20 9MFY21
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Note: Covid impacted operations significantly, hence the current results are not comparable with previous quarters performance

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12M FY20 – YoY Consolidated Financial Performance

INR in million

Total Income

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Total Income EBIDTA PAT
23,000 22,754 3,100 3,049 1,350
1,313
22,500 3,000 1,300
2,900
22,000 21,740 13.4% 2,801 1,250 6.0%
2,800 1,216
21,500
2,700 1,200
12.9% 5.3%
21,000 2,600
12MFY19 12MFY20 12MFY19 12MFY20 1 , 150
12MFY19 12MFY20
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12M FY 20 Revenue

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Civil & Other Works
Erection O&M Electrical Works
7,500 7,492 7,000 10,000
8,425
7,480 6,475 1,600 1,470 8,000
6,500 1,400
6,167
7,460 1,200 1,041
6,000
7,440 6,000 1,000
7,440 5,660 800
4,000
5,500 600
7,420
400
2,000
7,400 5,000 200
12MFY19 12MFY20 12MFY19 12MFY20 - -
12MFY19 12MFY20 12MFY19 12MFY20
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FY20 Financial Performance (consolidated)

INR in million

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Contract Revenue Revenue mix with high-margin O&M services segment
13,778 13,344 15,439 22,566 21,604
2% 5%
EBITDA Margins continue to remain healthy…. Profit After Tax inching higher
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FY20 Financial Performance (consolidated) INR in million Healthy net debt equity ratio provides significant headroom for growth High Asset Turnover … testament to higher efficiency

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Robust Order Book: Stronger Revenue visibility for next 3 years

INR in million

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60,000
50,000 15% 47,830
45,748
49 % 42,677
40,000 85% 37,050
35,238
Contract Revenue
30 , 000 27,715
Order Inflow
22,566
21,064 21,604
17,950 19,523
Order Back Log
20,000
15,375 15,439
13,778 13,344
10,000 34%
- 55%
FY 16 FY 17 FY 18 FY 19 FY 20
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  • Note: 1. Projects cancelled / suspended / on hold are excluded from the above

  • Order back log as on 31st March 2020 Rs 45,748 Mn

  • Order back log as on 31st Dec 2020 Rs 62,846 Mn

  • Order back log as on 16th Feb 2021 Rs 73,530 Mn (excluding execution post 31st Dec 2020)

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Robust Order Book: Stronger Revenue visibility for next 3 years (cont..)

INR in million

Order Inflow during 12 M FY 20 (up to 31[st] March 2020) Rs. 19,523 Mn

Order backlog as on 31[st] March 2020 Rs. 45,748 Mn

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30 %
36 % Erection
5,818
7,114 O&M
Electrical Works
Civil & Other Works
- 34 %
6,591 Power : 83% & Non Power 17%
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26 %
12,273 45 % Erection
20,541 O&M
Electrical Works
2,975
Civil & Other Works
7 %
9,959
22 % Power : 70% & Non Power 30%
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Order backlog as on 31[st] Dec 2020 Rs. 62,846 Mn #

Order Inflow up to 31[st] Dec 2020 Rs. 28,362 Mn

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20%
5,562
9%
2,621
-
20,179
71%
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37%
Erection
46%
O&M 23,299 Erection
Electrical Works 28,869 O&M
Electrical Works
Civil & Other Works
Civil & Other Works
13%
Power : 44% & Non Power 56% 4% 8,202
2,476 Power : 59% & Non Power 41%
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Power : 44% & Non Power 56%

1. Order back log as on 16[th] Feb 2021 Rs 73,530 Mn (excluding execution post 31[st] Dec 2020) . 2. Back log oder book exclude projects cancelled / suspended / on hold

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Financial Snapshot | Consolidated Income Statement & Balance Sheet INR in million

Income Statement (Consolidated)

Balance Sheet (Consolidated)

Particulars FY16 FY17 FY18 FY19 FY20 H1 FY21 Particulars FY16 FY17 FY18 FY19 FY20 H1 FY21
Revenue from operations 13,782 13,382 15,478 22,613 21,647 6,204 Assets
Other Income 55 77 67 141 93 40 Fixed Assets 1,978 2,062 2,025 1,899 1,787 1,631
Total Income 13,837 13,459 15,546 22,754 21,740 6,244 CWIP (incl. unallocated capex) 220 119 60 33 26 39
Cost of materials 1,145 1,245 1,964 3,264 3,239 851
Non-current investments - 9 1 313 329 283
Change in inventories 5 -29 -85 31 -120 -47
Other Non Current Assets 1,872 1,936 1,966 2,663 2,579 2,764
Contract execution exp. 8,989 7,928 8,145 12,151 12,302 4,372
Total Current Assets 8,305 8,697 10,396 13,078 17,481 16,278
Personnel Cost 1,549 2,265 3,122 3,932 3,248 1,462
Less: Current Liab. & Prov. 6,343 6,273 7,623 9,418 12,748 12,983
Other expenses 275 313 310 327 270 131
Net Current Assets 1,962 2,424 2,774 3,660 4,733 3,295
Sub-total 11,963 11,722 13,456 19,705 18,939 6,769
Cash & bank 686 805 1,397 1,284 1,193 1,704
EBIDTA 1,875 1,737 2,090 3,049 2,801 -525
Total 6,718 7,355 8,222 9,852 10,647 9,716
Finance costs 329 329 359 551 741 389
Liabilities
Depreciation and amort. 390 410 428 458 394 179
Share of profit from JV’s 3 6 -2 15 16 -49 Long Term Borrowings 214 155 277 452 298 181
Deferred Tax Liabilities 42 21 - - -
PBT 1,158 1,004 1,300 2,056 1,682 -1,142
PAT (before MI) 757 651 908 1,432 1,307 -878 Other Non Current Liabilities 910 950 822 1,125 756 823
Minority Interest 2 0 113 216 -6 -34 Minority Interest 4 21 138 81 81 46
Restated PAT (after MI) 755 651 795 1,216 1,313 -844 Shareholder's Fund 5,548 6,207 6,985 8,194 9,512 8,666
PAT Margin 5.50% 4.80% 5.10% 5.30% 6.00% -13.50% Total 6,718 7,355 8,222 9,852 10,647 9,716
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Our Projects

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INDUSTRIAL CONSTRUCTION: DOMESTIC PROJECTS (ERECTION, TESTING & COMMISSIONING)

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1X660 MW TPP, BTG, HARDUAGANJ, DOOSAN

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3X800 MW, BOILER, ESP, PIPING, STG KUDGI , DOOSAN, L&T & TOSHIBA

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2X660 MW STPP, BOILER , ESP, STRUCTURE & STG U#7&8, SURATGARH, BHEL

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3X660 MW ,BOILER, ESP,CP, STRUCTURE & STG, NABINAGAR, BHEL

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2X600MW TPP, BOILER & STG, MANGALORE, LANCO (COMPLETED)

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3X660 MW STPP, BOILER & CRITICAL PIPING, U#1,2&3, BARH, DOOSAN

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2X500 MW STPP,BOILER, ESP STG, VINDHYACHAL, BHEL (COMPLETED)

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2X660 MW IBTPS, STRUCTURE & STG, BANHARPALLI, BHEL

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BLAST FURNACE, STEEL PLANT WORK, JSPL, ANGUL

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BOILER, ESP, TG AUXILIARIES, UMPP 800 MW, GUJARAT, TATA POWER (COMPLETED)

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2X660 MW JTPP, BOILER,ESP & CP, JHAJJAR, STEPC (COMPLETED)

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R-LNG PIPELINE FROM ENNORE LNG TERMINAL TO MFL-ENNORE , IOCL

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BOILER, ESP, STRUCTURE, TG AUXILIARIES, UMPP 6X660MW, SASAN, R INFRA (COMPLETED)

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2X660 MW STPP, BOILER, ESP U#1&2, SOLAPUR, BGRESL

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366 MW REFINARY, GTG, STG, HRSG & PIPING, PARADIP, BHEL

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INFRASTRUCTURE CONSTRUCTION : CIVIL, ARCHITECTURAL & RAILWAY WORKS

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1X800 MW TPSS, CIVIL, STRUCTURAL AND ARCHITECTURAL WORK UNIT12, KOTHAGUDEM, BHEL

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3X366 MW CCPP, CIVIL, STRUCT. & ARCH. WORK, IOCL PARADIP, BHEL

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1X800 MW TPSS , CIVIL, STRUCTURAL WORKS, NORTH CHENNAI, BHEL

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1X800 MW TPSS, CIVIL, STRUCTURAL AND ARCHITECTURAL WORK STAGE-3, NORTH CHENNAI, BHEL

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1X100 MW CCPP, BALANCE CIVIL & STRUCTUAL WORKS, NAMRUP, BHEL (COMPLETED)

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1X500 MW, FGUTTP, CIVIL, STRUCTURAL AND BOP & CHP, UNCHAHAR, NBPPL

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GDV-MTM 37 ,DOUBLING & ELECTRIFICATION WORKS , RVNL

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2X660 MW TP9, CIVIL, STRUCTURAL & ARCHITECTURAL WORK UNIT-7 & 8, SURTGARH, BHEL

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INFRASTRUCTURE DEVELOPMENT WORK, AP MEDI TECH ZONE, VIZAG

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1X500MW, FGUTTP, CIVIL, STRUCTURAL AND ARCHITECTURAL WORK FOR BTP, BOP & CHP, UNCHAHAR, NBPPL

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3X660 MW, STPP, STG,BOP ,NORTH KARNAPURA, BHEL

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INFRASTRUCTURE DEVELOPMENT WORK, AP MEDI TECH ZONE, VIZAG

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2X800 MW, YTPS, CIVIL, STRUCTURAL AND ARCHITECTURAL WORKS RAICHUR, BHEL (COMPLETED)

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1X110 MW, CIVIL AND STRUCTURAL WORKS ,R&M OF MAIN PLANT, BATHINDA, BHEL (COMPLETED)

KALWESHWARAM CANAL PROJECT, 54 KM RAMAYAMPET

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INTERNATIONAL OPERATIONS

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250 MW SABIYA CCPP, KUWAIT INSTALLATION OF HRSG

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1516 MW IBRI CCPP, OMAN ETC HRSG,TG

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2X640 MW SHUQAIQ THERMAL POWER PLANT, SAUDI ARABIA (COMPLETED)

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2X157 MW GT POWER PLANT, LIBYA (COMPLETED)

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1516 MW IBRI CCPP, OMAN ETC HRSG,TG

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35 MW GT POWER PLANT, KAZAKSTHAN

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6X200 MW HEP, BHUTAN INSTALLATION OF HYDRO TURBINE & GENERATOR

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1390MW WAAD AL SHAMALISCCPP, SAUDI ARABIA ETC OF HRSG

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1519 MW FADHILI CCPP, SAUDI ARABIA GTG,STG & BOP INSTALLATION

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1800 MW ALBA CCPP, BAHRAIN ETC OF GTG,STG,HRSG & BOP

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228MW, STEAMTURBINE,SABIYA, KUWAIT, MAIN OIL PUMP OVERHAULING

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1390MW WAAD AL SHAMALISCCPP, SAUDI ARABIA ETC Of HRSG

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360MW BHERAMARA CCPP, BANGLADESH INSTALLATION OF GTG, STG & HRSG

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1519 MW FADHILI COMBINED HEAT AND POWER (CHP) PLANT KSA

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3X 126 MW, KHOMS, GECOL, LIBYA TOP CASING LIFTING

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OPERATION AND MAINTANENCE

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SIEMENS -138MW GAS TURBINE PAGUTHAN

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CAPITAL OVERHAULING OF TURBINE 63MW, SV POWER , KORBA - ROTOR LIFTING-3

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MAIN TURBINE OVERHAULING ,660 MW KAWAI

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TG OVERHAUING 600MW JHARSUGUDA VEDANTA

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HP HEATER REPLACEMENT 800MW ,CGPL MUNDRA2

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TURBINE AOH, 600 MW UDIPI

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BEARING DIASSEMBLY AT NTPC-SIMHADRI

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CUPLOCK SCAFFOLDING ERECTION 800MW,MUNDRA

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ID FAN AOH,800 MW CGPL MUNDRA

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CONTROL & STOP VALVES OVERHAULING SIPAT 660MW

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MSH LINE MODIFICATION, 600 MW SINGARENI

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UREA REACTOR TANK INSTALLATION AT RAMAGAUNDAM, TELANGANA 30

MANUFACTURING FACILITY & HYDRO POWER SERVICES

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MANUFACTURING UNIT (NOIDA)

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HEAVY DUTY CENTRE LATHES( NOIDA)

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HYDRO GENERATOR UNDER ASSEMBLY FOR SUNDARIJAL HYDRO PROJECT, NEPAL

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CNC SECTION (NOIDA)

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VTL(MANUAL+CNC (NOIDA)

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FRANCIS RUNNER ASSEMBLY UNDERGOING NDT TESTING FOR UPPER KALLAR HYDRO PROJECT, KERALA

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SR FURNACE (NOIDA)

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PLANO MILLER, CND (NOIDA)

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TURBINE EQUIPMENT ASSEMBLY SUNDARIJAL HYDRO PROJECT, NEPAL

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CNC OXY FUEL CUTTING (NOIDA)

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3 ROLL PLATE BENDING MACHINE (NOIDA)

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NEWLY REWOUND 30MW HYDRO GENERATOR AT UMIAM STG-III HYDRO PROJECT

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Thank You

For investor queries, please contact: Ph: +91-040-30444418 Email: [email protected]

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