Receipt of order - Power Mech Projects Ltd

Code BSE: 539302 NSE:

Awarded Rs. 296 Crore Mumbai Monorail Operations & Maintenance Contract The contract covers O&M of the 19.54 Km route and 17 stations, from Sant Gadge Maharaj Chowk to Chembur in Mumbai for a period of 5 years. The award represents a total contract value of Rs. 296 Crore (excluding GST). The Mumbai Monorail, in service since 2014, is India’s only straddle monorail system. Under this contract, PMPL will undertake comprehensive O&M services which include operating new advanced rolling stock and the new and upgraded Communication Based Train Control (CBTC) signaling system.