Power Mech Projects, a power infrastructure services company, has received Letter of Intent/work orders worth Rs 5 billion.

Erection, testing, commissioning etc. of Boiler & Auxiliaries of 1 660 MW unit # 1 including auxiliary boiler for 2 660 MW including operation and maintenance at Maitree, Bangladesh for a contract value of USD 1,64,74,184 (approximately Rs 1.05 billion) to be completed within a period of 31 months.

Execution of Kaleshwaram Project (through JV) - Construction of Ramayampet Canal including distributory network for irrigating an ayacut of 41203 Ac. under Kanda Pochhama Sagar, Siddipet District, Telangana for a total contract value of Rs 3.73 billion to be completed within a period of 12 months.

Mas Power Mech Arabia (51 % Subsidiary Company) received an order for mechanical assembly contract for the Shuaibah - 3 second water expansion seawater desalination plant in Shuaibah in the Kingdom of Saudi Arabia for a contract price of USD 1943987(approximately Rs 120 million) to be completed within a period of 7 months.

Mas Power Mech Arabia (51 % Subsidiary Company) received an order for the services of onsite mechanical assembly of the steam turbine in Waad Al Shamal ISCCPP Project at Waad Al Shamal in the Kingdom of Saudi Arabia for a contract value of USD 1527000 (approximately Rs 100 million) to be completed within a period of 12 months.

Shares of the company gained Rs 27.10, or 2.89%, to trade at Rs 929.00. The total volume of shares traded was 4 at the BSE (9.46 a.m., Tuesday).