Power Mech Projects has said that two of its subsidiaries have received international orders worth Rs 624 crore.
Power Mech Projects said in a BSE filing that “GTA Power Mech Nigeria Ltd, 50 percent JV of Power Mech Projects Ltd has received an order for composite work…for Dangote Oil Refining Company Ltd, Lagos, Nigeria for a total contract price of USD 76 million (approximately Rs 491 crore).”
It has further said that “Mas Power Mech Arabia LLC, 51 percent subsidiary of Power Mech Projects Ltd has received an order for installation works…from Kingdom of Bahrain for a total contract price of USD 20.61 million (approximately Rs 133 crore).”
