Rs 18,332 Crore Order Book: Railway EPC Company Secures Rs 228 Crore Vande Bharat Depot Order; Share Price Jumps Up to 4%
Power Mech Projects receives South Western Railway contract for Vande Bharat Sleeper maintenance depot in Karnataka with 30-month execution timeline
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The Indian equity markets closed in the green on Monday, with the Nifty 50 ending higher by 0.81 per cent. Buying was also seen across infrastructure and capital goods counters, with the Nifty Energy index closing up 1.49 per cent. Amid this positive momentum, Power Mech Projects closed at Rs 2,497.80, up 3.71 per cent, following the announcement of a fresh domestic Railway infrastructure order.
Power Mech Projects Order Update
Power Mech Projects has announced that it has secured a new order from South Western Railway, Bangalore, for the development of Vande Bharat Sleeper Trains Maintenance Depot at Thanisandra between Channasandra and Yelahanka Stations, Karnataka.
The project will be executed on an Engineering, Construction and Procurement (EPC) mode, and the total contract value stands at Rs 227.95 crore, including GST. The company stated that the execution period for the order is 30 months from the appointed date.
This order has been awarded by a domestic entity and further strengthens the company’s presence in the railway infrastructure construction segment.
Power Mech Strong Order Book Visibility
With this latest order win, Power Mech Projects continues to maintain a strong executable order pipeline. The company’s total consolidated order book currently stands at approximately Rs 18,332 crore, providing healthy multi-year revenue visibility across sectors such as power, railways, industrial construction, mining, flue gas desulphurisation, and civil infrastructure.
Power Mech Strategic Importance of the Railway Order
The newly secured Vande Bharat maintenance depot project is strategically important as it marks Power Mech’s continued participation in India’s rapidly expanding railway modernisation and high-speed passenger train ecosystem.
With the government aggressively investing in Vande Bharat train deployment, depot infrastructure, track upgrades, and station redevelopment, EPC contractors with specialised execution capability are likely to see continued order opportunities.
This also adds further diversification to Power Mech’s order inflows beyond its traditional thermal power and industrial engineering projects.
About Power Mech Projects
Power Mech Projects is one of India’s leading engineering and construction companies engaged in erection, testing and commissioning, operation & maintenance, civil works, railways, mining, and infrastructure EPC contracts. The company has built a strong execution track record across domestic as well as international projects.
Over the last few years, the company has significantly diversified from boiler erection-focused contracts into high-margin infrastructure, railway, industrial and public sector EPC opportunities, strengthening long-term business sustainability.
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Disclaimer: This article is for informational purposes only and not investment advice.
