Power Mech Projects Limited has received an order worth Rs 1.59 billion from Raichur Power Corporation Limited for operation and maintenance of 2×800 MW coal based Yeramarus thermal power station (YTPS) at Chikkasugur, Raichur District, Karnataka.
The contract is expected to be completed in 36 months. The company has also secured order worth Rs 5.65 billion from Madhya Pradesh State Mining Corporation Limited for sand mining as mine developer cum operator for a period of three years in the areas of Narmadapuram -2, Raisen and Narasingpur in Madhya Pradesh. Additionally, special purpose vehicles will be formed for executing these contracts.