Power Mech Projects Ltd. has won a mine development and operation project (MDO) from the Steel Authority of India Ltd. (SAIL). The order is valued at Rs 30,438 crore and has a duration of 28 years. The company will be developing the Tasra Open Cast Project, located in the Jharia Coal Fields in Jharkhand. The […]
State-owned SAIL has posted over 50 per cent fall in its consolidated net profit to Rs 1,159.21 crore for the quarter ended March 31, dragged down by lower income. It had clocked a net profit of Rs 2,478.82 crore during the January-March quarter of the preceding 2021-22 financial year (FY), the company said in a […]