Power Mech Projects Ltd has secured an order worth ₹865 crore for the operation and maintenance (O&M) of a 3×660 MW supercritical thermal power plant owned by Talwandi Sabo Power Limited, a subsidiary of Vedanta Limited. The plant is located in Banawala village in the Mansa district of Punjab.
In its regulatory filing, Power Mech Projects Ltd stated, “We are pleased to announce that we have received an order valued at ₹865 crore for the O&M of Talwandi Sabo Power Limited’s 3×660 MW supercritical thermal power plant.” The project is scheduled to be executed over a five-year period, starting from November 1, 2024.
This major contract comes after Power Mech Projects reported a strong performance in its fiscal first quarter. The Hyderabad-based company posted a 21% rise in consolidated net profit, reaching ₹61.72 crore, up from ₹50.96 crore in the same quarter of the previous financial year. The company also recorded revenue of ₹1,007.39 crore, a significant increase from ₹865.13 crore in the year-ago period.
Power Mech Projects Ltd is a leading infrastructure and engineering company in India, specializing in providing comprehensive services in power, industrial, and infrastructure sectors. Established in 1999, the company has grown into a versatile service provider, offering solutions such as erection, testing, and commissioning of power plants, operation and maintenance services, and civil and structural works for industrial projects.
Power Mech is known for its high standards of quality and safety, delivering complex projects on time with a focus on innovation and sustainability. With a strong presence in both domestic and international markets, the company has expanded its portfolio to include railway, irrigation, and water pipeline projects. Power Mech Projects Ltd continues to play a vital role in India’s industrial and infrastructure development.
