Shares of Energy Mech Tasks Ltd soared 5% on 15 October after the corporate introduced securing a big Rs 2,500 crore order.
The corporate introduced in an change submitting that it has acquired a Rs 2,500 crore order from state-run Bharat Heavy Electricals Restricted. This mission contains the EPC package deal for the stability of crops (BOP) of the 1 X 800 MW Singareni Tremendous Thermal Energy Challenge, Stage II, Mancherial, Telangana. The home order is more likely to be finalised in 38 months.
This order, gained by Energy Mech, will embody design, engineering, manufacture, inspection, testing, portray, provide/supply, and correct packaging on the mission web site. It covers transportation to the positioning, receipt, unloading, storage, safety, and dealing with on-site.
Moreover, it’ll embody full civil and structural works, development, erection, testing, commissioning, closing portray on-site, trial run, PG check, handover, completion of amenities, annual upkeep till handover, coaching, assure and guarantee, defect legal responsibility interval, and so forth.
That is the primary order the corporate has declared to the exchanges in virtually two months.
In August, Energy Mech secured a Rs 370.8 crore order from Adani Energy subsidiary Mahan Energen Ltd.
At 1:19 pm, the shares of Energy Mech had been buying and selling 0.14% larger at Rs 2,826 on NSE.
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