Power Mech Projects Limited — New Orders, 01-01-2025: Bagging/Receiving of orders/contracts

Power Mech Projects has secured an order worth ₹294 Crore from Adani Power Limited for comprehensive overhauling services, condition assessment, and necessary manpower assistance for the Performance Guarantee Test of Steam Generators and Steam Turbine Generators at its Korba Phase-II Thermal Power Project. The project entails execution timelines of 12 months for Unit 3 and 18 months for Unit 4 post the Notice to Proceed. This significant contract underscores Power Mech's operational capability and enhances its portfolio with a domestic entity. Stakeholders should view this as a positive indicator of growth potential and operational demand in the thermal power sector.