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Power Mech Projects lands a $36M contract for steam generator work, boosting its stock by 4.19%.
Power Mech Projects has secured a Rs 294 crore contract from Adani Power for services including overhauling, erection, and testing of steam generators at the Korba Phase-II Thermal Power Project in Chhattisgarh.
The company's shares rose by 4.19% to Rs 2,675.45 on the BSE following the announcement.
Power Mech Projects offers integrated services in construction, testing, and maintenance for power projects.
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Power Mech Projects obtiene un contrato de $36M para el trabajo de generadores de vapor, aumentando su stock en un 4,19%.