Power Mech Projects has received Letter of Intent (LoI)/work orders for structural and Architectural Works of Main Plant Area of Unit 1 at 2x800 MW Uppur Super Critical Thermal Power Project, Ramanathapuram District, Tamil Nadu for a total contract value of Rs 1.36 billion to be completed within a period of 30 months.

The company has order for operation and Maintenance contract for 2*800 MW Coal based Yeramarus Thermal Power Station for a period of 30 months at Chikkasugur, Raichur District, Karnataka for a contract value of Rs 1.09 billion.

Shares of the company gained Rs 14.85, or 1.61%, to trade at Rs 938.70. The total volume of shares traded was 19 at the BSE (9.44 a.m., Tuesday).