Domestic EPC Contract (Railways)
Power Mech Wins ₹228 Cr Railway EPC Order for Vande Bharat Maintenance Depot
NSE
powermech
BSE
539302
Power Mech Projects Ltd has secured a ₹227.95 crore EPC order from South Western Railway for development of a Vande Bharat Sleeper Train maintenance depot in Karnataka, strengthening its infrastructure order book
PRICE-SENSITIVE TRIGGER
Event: Order Win
Type: Domestic EPC Contract (Railways)
Impact: Positive
Immediate Effect: Order book expansion with visibility over ~30 months
Key Metrics:
- Order Value: ₹227.95 Crore (including GST)
- Execution Period: 30 months
- Segment: Railway Infrastructure (EPC)
Highlight:
- ₹228 Cr railway EPC contract
What Happened ?
The company received a confirmed order from South Western Railway, Bangalore for executing a railway infrastructure project under EPC mode.
key highlights
Project Scope:
- Development of:
- Vande Bharat Sleeper Train Maintenance Depot
- Location:
- Thanisandra (THSA), Karnataka
- Corridor:
- Between Channasandra & Yelahanka stations
Nature of Work:
- Engineering
- Procurement
- Construction (EPC)
Execution Details:
- Timeline:
- Within 30 months from appointed date
- Type:
- Domestic infrastructure project
Transaction Structure:
- Not a related party transaction
- No promoter/group interest involved
Note:
- Clean EPC order with government client
Risk Analysis
Key Risks
- Execution delays in EPC projects
- Cost overruns impacting margins
- Dependence on government project payments
- Working capital pressure
Worst Case Scenario
- Delays or cost escalation reduce profitability of the project
Risk Level: Medium
Company Commentary
- Strengthens presence in railway infrastructure segment
- Enhances EPC order book visibility
- Reinforces execution capabilities in large projects
- Focus remains on infrastructure expansion and project delivery
Official Exchange Filing: Power Mech Projects Limited