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10 Apr 2026 15:04 Sensex 77,550.25 918.60 (1.20%) || Nifty 24,050.60 275.50 (1.16%) 00
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10 Apr 2026 12:17
Power Mech Projects secures O&M contract worth Rs 296 for Mumbai Monorail

Power Mech Projects has secured an Operations & Maintenance (O&M) contract from Maha Mumbai Metro Operation Corporation (MMMOCL) for the Mumbai Monorail. The contract covers O&M of the 19.54 Km route and 17 stations, from Sant Gadge Maharaj Chowk to Chembur in Mumbai for a period of 5 years. The award represents a total contract value of Rs. 296 crore (excluding GST).

The Mumbai Monorail, in service since 2014, is India's only straddle monorail system. Under this contract, the company will undertake comprehensive O&M services which include operating new advanced rolling stock and the new and upgraded Communication Based Train Control (CBTC) signaling system.

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