A letter of intent (LoI) was obtained by Power Mech Projects for two projects totaling Rs 725.17 crore.
The first project is a 31.8 km four-laning of NH-365A from Kodad to Khammam in Telangana for NHAI worth Rs 645 crore under the Bharatmala Pariyojana on Hybrid Annuity Mode.
The company would also design, develop, procure, construct, and fabricate a coal handling plant for HOWE at Talabira II and III mines in Sambhalpur district, Jharsuguda, Odisha, for Rs 80.17 crore.