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Power Mech secures Rs 1.1 billion O&M contract from Dangote

2024-08-09

Power Mech Projects has secured an operation and maintenance (O&M) contract worth Rs 1.1 billion from Dangote Petroleum Refinery & Petrochemical FZE in Nigeria. The contract encompasses the O&M of a 400 MW captive power plant and related utilities at the Dangote Refinery. The project will span 24 months. Power Mech Projects, an engineering and construction firm, specializes in the integrated service of erection, testing, commissioning (ETC) of boilers, turbines, generators, balance of plant (BOP), civil works, and O&M. Following the announcement, the company's shares rose by 0.26%, trading at Rs 5750.90 on the BSE. (Business Standard)