StockWatch
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Civil Construction
Business Update28 Sept 2026, 06:30 pm

Power Mech Projects Secures ₹279.20 Cr O&M Order

AI Summary

Power Mech Projects Ltd has announced securing a significant order worth ₹279.20 Crores from TELANGANA POWER GENERATION CORPORATION LIMITED. The contract involves comprehensive Operation & Maintenance (Mechanical, Electrical, C&I) and upkeeping work for the Ash handling Plant and Coal handling plant of YTPS (5X800 MW). This domestic order is for a period of 3 years from the date of issuance of LOI/Order Confirmation. The consideration excludes GST, with a Price Variation Clause applicable for the second and third years.

Key Highlights

  • Secured a domestic order worth ₹279.20 Crores.
  • Order is for Operation & Maintenance of Ash and Coal handling plants.
  • Contract duration is for 3 years.
  • No promoter or group company interest in the awarding entity.