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POWERMECH
. saw its shares move up on May 13 after it secured a massive ₹971.98 crore contract from Telangana Power Generation Corporation for building a full-fledged township at the Yadadri Thermal Power Station in Nalgonda.
The project includes the development of residential buildings (A, B, D, E & F types), a hospital, school, clubhouse, commercial spaces, an indoor stadium, a sports complex, maintenance offices, and supporting infrastructure like roads, drainage, water storage, sewage treatment, and a substation. It also involves constructing a BT approach road with a bridge over Tungapadu Vagu.
This is a major addition to their recent wins which is ₹425 crore from Mirzapur Thermal Energy (Uttar Pradesh) in April 2025, and a ₹972.135 crore order from NHAI for a 4-lane bypass in Jharkhand under the hybrid annuity model. The consistent inflow of large infrastructure orders highlights the company’s growing execution strength across industrial, residential, and transport segments.
Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.#WatchOutFor#StockInNews#FundamentalViews#EquityResearch
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