Deals3 Jun 2026, 10:53 am
Power Mech Projects Secures ₹266.26 Cr O&M Order from Adani Group
AI Summary
Power Mech Projects Ltd has announced securing a significant order worth ₹266.26 Crores (excluding GST) from Adani Infrastructure Management Services Limited, a part of the Adani Group. The contract is for providing KPI-based Operations and Maintenance (O&M) services for a 2x300MW Thermal Power Plant located in Butibori, Maharashtra. The execution period for this contract is within 60 months, commencing from July 1, 2026, to June 30, 2031. This order underscores the company's capabilities in the power plant O&M sector and strengthens its business pipeline with a major conglomerate.
Key Highlights
- Secured ₹266.26 Cr order from Adani Infrastructure Management Services.
- Contract is for Operations and Maintenance services.
- Project duration is 60 months, starting July 2026.
- Order awarded by a domestic entity.
- No promoter or group company interest in the awarding entity.
Price Impact
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