Power Mech Projects Ltd has secured a landmark order exceeding ₹25 billion from Bharat Heavy Electricals Ltd (BHEL). The contract involves civil, structural, and architectural works for major thermal power projects, to be executed over 30–32 months. This win significantly strengthens Power Mech’s position in India’s energy infrastructure sector.
In a major development for India’s power sector, Power Mech Projects Ltd has bagged a substantial order worth over ₹2,500 crore from Bharat Heavy Electricals Ltd (BHEL). The contract includes comprehensive civil, structural, and architectural works for large-scale thermal power projects, with execution timelines ranging between 30 and 32 months.
This strategic win comes amid a surge in infrastructure investments across India’s energy landscape. Power Mech’s scope of work includes design, engineering, supply, erection, and commissioning—key components for the development of the DVC Koderma Thermal Power Station Phase-II (2 × 800 MW) and other BHEL-led projects.
The announcement triggered a sharp rally in Power Mech’s stock, which surged 17% intraday, reflecting investor confidence in the company’s execution capabilities and future order pipeline. The deal also reinforces Power Mech’s reputation as a trusted EPC (Engineering, Procurement, and Construction) partner for India’s leading public sector enterprises.
Key Highlights
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Strategic Order Win: Power Mech secures a ₹2,500+ crore contract from BHEL for civil and structural works across major thermal power projects.
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Project Scope: Includes design, engineering, supply, erection, and commissioning for the DVC Koderma TPS Phase-II and other infrastructure components.
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Execution Timeline: The projects are slated for completion within 30 to 32 months from the issuance of the Letter of Award.
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Market Reaction: Power Mech shares jumped 17% following the announcement, signaling strong investor sentiment.
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Sector Impact: The deal underscores continued momentum in India’s power infrastructure development, especially in thermal energy.
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Strategic Positioning: Enhances Power Mech’s standing as a key EPC player in India’s energy ecosystem, with a robust pipeline of government-backed projects.
This milestone order not only boosts Power Mech’s financial outlook but also signals a broader push toward strengthening India’s energy infrastructure. With BHEL’s backing and Power Mech’s execution prowess, the collaboration is poised to deliver high-impact results in the coming years.
Sources EquityPandit, Economic Times Energy, Business Standard.