Power Mech Projects gets major boost for its FDG biz

Image
Capital Market
Last Updated : Aug 18 2022 | 10:04 AM IST

Wins order worth Rs 6163.20 cr from Agani Group

Power Mech Projects has bagged a record order for 5 Flue Gas Desulphurization [FGD] projects with an aggregating value of Rs.6,163.20 crore. The orders are for a quantum of 15 FGD retrofits to coal based units, whose sizes ranging between 330 MW and 660 MW. These 5 projects would be implemented at Adani Group's coal based power plants in Mundra, Tiroda, Kawai and Udupi.

The company already has the exposure of installing India's First Operational FGD at Vindhyachal 500 MW unit as an associate to General Electric (India) in 2018 itself. Presently PMPL is executing civil works for FGD units to BHEL for their various projects, aggregating 2,300 MW including at Bhusawal, North Chennai and Kahalgaon. The major thrust on FGD EPC business is part of forward integration strategy supported by Power Mech's core competence for over two decades in power plant installation with a generating capacity of over 67,000 MW and the O&M of power plants with over 68,000 MW of installed base in the Country.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 18 2022 | 9:26 AM IST

Next Story