Nature of the Event
Power Mech Projects Limited has secured a significant domestic order worth ₹1,008.90 crores (inclusive of GST) from JSW Thermal Energy Limited.
Key Quantitative Figures
- Order value: ₹1,008.90 crores (inclusive of GST)
- Project capacity: 2x800 MW thermal power project
- Execution timeline: 36 months from effective date or commencement of works
Parties Involved
- Company awarding order: JSW Thermal Energy Limited (CIN: U35106MH2024PLC430999)
- Recipient company: Power Mech Projects Limited
Scope of Work
The order involves Civil & Structural Works of BTG Area for the 2x800 MW Thermal Power Project located at Salboni, West Bengal.
Related Party Considerations
- No promoter/promoter group/group companies have any interest in JSW Thermal Energy Limited
- The order does not qualify as a related party transaction
- Transaction is confirmed to be at arm's length basis
Geographic Scope
The order is domestic in nature, awarded by a domestic entity for execution within India.
Financial Impact
The order represents a significant contract award of ₹1,008.90 crores that will contribute to the company's order book and revenue over the 36-month execution period.