O&M contract

Power Mech Projects Limited has secured an operations and maintenance (O&M) contract from Hindustan Zinc Limited for a 91.5 MW captive power plant and its transmission line up to the main receiving substation (MRSS). The contract is valued at Rs 109.22 crore excluding goods and services tax (GST) and has a tenure of 48 months. Power Mech will execute the work as an independent contractor. The order follows a series of recent contract wins for…