06-Nov-2026 11:19:53

POWERMECHBig Order

POWERMECH : WINS RS 387 CR ORDER

• Power Mech Arabia Contracting Company, a subsidiary in Saudi Arabia, signed contract with the JV of Elsewedy Electric Power Systems Projects and Sinohydro Corporation • Scope: installation of 3 Heat Recovery Steam Generators, 1 steam turbine for Block 10 and balance of plant combined cycle piping for Block 20 and common, for Rabigh 2 IPP Expansion Project • Main work USD 40,982,353 (~₹386.87 Cr); optional work USD 11,136,756 (~₹105.13 Cr); aggregate USD 52,119,109 (~₹492 Cr), excluding taxes • Optional scope covers balance of plant combined cycle piping for Block 10 • Contract period 20 months effective January 1, 2027

Power Mech Projects Limited

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