Power Mech Projects Secures ₹ 296 Crore Order from Maha Mumbai Metro
Filing Summary
Power Mech Projects Ltd has received an order from Maha Mumbai Metro Operation Corporation Limited for the operations and maintenance of the Mumbai Monorail. The contract, valued at ₹ 296 Crores excluding GST, covers a 19.54 km corridor with 17 stations. The project is set for a five-year execution period. The order does not involve any related party transactions, and there is no promoter interest in the awarding entity. This update was filed with the BSE and NSE on April 10, 2026.
On April 10, 2026, Power Mech Projects Ltd announced the receipt of an order from Maha Mumbai Metro Operation Corporation Limited. The order pertains to the operations and maintenance of the Mumbai Monorail, which spans a 19.54 km corridor and includes 17 stations, connecting Sant Gadge Maharaj Chowk to Chembur.
The contract is valued at ₹ 296 Crores, excluding Goods & Services Tax, and is to be executed over a period of five years. The order was awarded by a domestic entity, and there are no related party transactions involved. Additionally, there is no interest from the promoter or promoter group in the entity awarding the contract.
Maha Mumbai Metro Operation Corporation Limited focuses on the operation and maintenance of metro and monorail services in Mumbai. The company is responsible for ensuring efficient and reliable public transportation within the city.
Power Mech Projects Ltd specializes in providing comprehensive services in the power and infrastructure sectors. The company focuses on project execution, operations, and maintenance services, aiming to deliver high-quality solutions to its clients. Power Mech Projects continues to expand its portfolio through strategic contracts and partnerships in the infrastructure domain.