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Power Mech Projects Guarantees ₹469 Crore Tasra Mining Loans From RBL IDFC


15 October 2026
Power Mech Projects Ltd.

Power Mech issued Rs469cr corporate guarantee for subsidiary Kalyaneswari Tasra Mining to secure RBL Rs175cr and IDFC First Rs294cr loans for coal handling plant, railway siding and R&R colony capex, valid till Sep 1 2035 as contingent liability. Context: funds key Tasra MDO build toward Dec'26 washery.


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