Power Mech-RITES joint venture gets Rs 499.41 crore order from BMRCL

Power Mech Projects Ltd announced that the Bangalore Metro Rail Corporation Ltd. had placed an order for Rs. 499.41 crore with its joint venture with RITES (BMRCL).

RITES- PMPL has been given the project.

The order is for the construction of a Depot and Workshop at Challaghatta in Bangalore Metro Rail Project, Phase-2’s Reach-2 Extension, according to a regulatory filing.

“The company has received a Letter of Award (LoA) worth Rs 499.41 crore from Bangalore Metro Rail Corporation Ltd (SMRCL),” the filing said.

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