Investor Presentaiton
TM
Power Mech
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Mine Development & Operation Project from CCL
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Growth Unlimited
Awarded a Mine Development & Operation (MDO) project from Central Coalfields Limited (CCL), a subsidiary of Coal India Limited, aggregating to
Rs. 9,294 Crores over the contract period.
Consortium of Power Mech Projects Limited and AMR India Limited wherein Power Mech is the consortium leader with 74% stake and AMR India
will hold 26% stake. An SPV - M/s. KBP Mining Private Limited has been formed to undertake the project
Duration of the contract is 25 years which includes two years of development period and marks the entry of a new strategic business unit
The project has total coal extraction capacity of approximately 105 million MT with an annual capacity of 5 million MT and overburden removal
during the project period is over 539 MBCM
The material handling expertise of the Company in project development combined with the technical expertise of AMR in the field of greenfield
mining project development, will greatly help in the overall development of the project which will result in achieving of the targets given by Coal
Mining and Service Agreement.
This project will strengthen the already robust order book even further and enable the Company to diversify its order book which is in line with its
strategy to have an optimum mix between power and non-power segments.
The project will add more than Rs. 400 crores annually to top line. With the revenue coming in from the O&M business and this MOO projects, we
expect to witness sustainable revenue with higher margins in the future for longer period.
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