Business
Hyderabad Based Power Mech Bags Rs 6,163 Crore Flue Gas Desulphurisation Projects From Adani Group
Adani Power's coal-based power plant in Gujarat's Mundra.
Hyderabad-based construction and services firm Power Mech Projects Limited (PMPL) has bagged a record order for 5 Flue Gas Desulphurisation [FGD] projects with an aggregating value of Rs 6,163.20 crore.
The orders are for a quantum of 15 FGD retrofits to coal based units, whose sizes ranging between 330 MW and 660 MW, the company said in a regulatory filing on Thursday (18 August).
These Engineering, Procurement and Construction (EPC) projects are projected to be implemented over the course of next 30 months, the company said.
These five projects would be implemented at Adani Group's coal based power plants in Mundra, Tiroda, Kawai and Udupi.
The FGD units will effectively curb Sulphur-dioxide emissions with 92 per cent recoveries and will play a vital part in helping India's ambitious goal of reducing emission-intensity as announced at the United Nations Climate Change Conference, COP26, the company said.
Commenting on the award of the projects, Sajja Kishore Babu, Chairman and Managing Director (CMD), said, "PMPL derives immense pleasure in the participation and contribution in the environmental exercise in line with India's commitment to global community to reduce emissions in a phased manner".
"These major orders will invariably strengthen the already robust order-book and enable the Company to further diversify its scope, in line with its strategy to balance optimum mix between power and non-power segments," the Power Mech CMD said.
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