Shares of Power Mech Projects gained nearly 3% on Tuesday to day’s high of Rs 2,441 on NSE after the company announced that it has secured an order from Telangana Power Generation Corporation worth Rs 279.20 crore, including all provisions and excluding GST.
According to a filing with the exchange, the company said that the scope of work includes comprehensive operation & maintenance (Mechanical, Electrical, C&I) and up keeping work package for Ash handling Plant of Stage-I (Unit No.1 & 2) & Stage-II (Unit No.3, 4 & 5) and complete Coal handling plant of YTPS (5X800 MW).