Power Mech Projects Ltd (PMPL) shares saw a jump of over 3% after the company announced that it had secured an order worth ₹114.30 crore from Coastal Energen. This order is for the operation and maintenance of the Mutiara Thermal Power Plant in Melamaruthur, Tamil Nadu, which has a capacity of 1,200 MW (2*600 MW).
Key Details:
- Order Value: ₹114.30 crore
- Client: Coastal Energen
- Project: Operation and maintenance of Mutiara Thermal Power Plant
- Location: Melamaruthur, Tamil Nadu
- Duration: 1 year, starting from October 1, 2024
Market Reaction:
- Share Performance: As of 9:40 AM, PMPL shares were trading 3.39% higher at ₹5,862.60.
TOPICS:
Power Mech Projects