Goel Construction Bags ₹260.47 Crore Adani Group Order for Mahan Ultra Supercritical Thermal Power Project

Goel Construction Clinches Landmark Order from Adani Group for Mahan Power Project

Goel Construction Company Limited (formerly Goel Construction Co. Pvt. Ltd.) has won a significant contract from Adani Group to undertake execution of civil works for the Balance of Plant area in the Phase-III expansion (2x800 MW) of the Mahan Ultra Supercritical Thermal Power Project. This substantial order highlights Goel Construction’s robust capabilities in handling complex energy infrastructure projects and strengthens its portfolio in the power sector.

The total contract value stands at ₹260.47 crore, excluding tax, and will be completed within a strict 24-month timeline. The deal is being executed entirely within India and does not fall under related party transactions. The promoter group has no interest in the entity awarding the contract.

Key Highlights

Major civil contract awarded by Adani Group

Scope: Balance of Plant area at 2x800 MW (Phase-III) Mahan Ultra Supercritical Thermal Power Project

Contract value: ₹260.47 crore (exclusive of taxes)

Domestic transaction, 24-month completion target

No related party or promoter group interest involved

This milestone project underscores Goel Construction’s growing prominence as a trusted partner for large-scale infrastructure works in the power generation sector.

Sources: Company filing (Goel Construction Company Ltd), BSE India