Power Mech Projects Limited has secured large-scale orders aggregating to over ₹1,000 crore (excluding GST and other applicable taxes), further strengthening its presence in India’s thermal power infrastructure segment. The contracts have been awarded by subsidiaries of Adani Power Limited for ultra supercritical thermal power projects in Uttar Pradesh and Madhya Pradesh.
According to the company’s regulatory filing, the orders have been awarded by Mirzapur Thermal Energy (UP) Private Limited and Mahan Energen Limited, both subsidiaries of Adani Power Limited.
Scope of Work for Mirzapur and Mahan Projects
The first order, valued at ₹515 crore (excluding GST and other applicable taxes), pertains to the 2×800 MW Mirzapur Phase-I Ultra Supercritical Thermal Power Project. The second order, valued at ₹490 crore (excluding GST and other applicable taxes), relates to the 2×800 MW Mahan Phase-III Ultra Supercritical Thermal Power Project.
Under both contracts, Power Mech Projects will undertake onsite services for erection, testing, and commissioning of the Steam Generator (SG) under Package A and the Steam Turbine Generator (STG) under Package B. The scope also includes manpower assistance for the Performance Guarantee Test of SG and STG, along with their auxiliaries, for Units 1 and 2 of the respective projects.
The projects are domestic in nature and are to be executed within 36 months from the required erection start date, as notified through the Notice to Proceed (NTP).
No Related Party Transaction Involved
The company has clarified that neither the promoter nor the promoter group has any interest in the awarding entities. Additionally, the contracts do not fall under related party transactions.