Power Mech Projects Has Secured A ₹2,500 Crore Engineering Contract From Bharat Heavy Electricals Limited (BHEL) For The Singareni Super Thermal Power Plant. The Deal Covers EPC Work For Balance Of Plant Systems And Has Boosted Investor Sentiment, Sending The Stock Up Over 5% In A Single Day.
Major EPC contract awarded for thermal power plant
Power Mech Projects Ltd has announced a significant order win worth ₹2,500 crore from Bharat Heavy Electricals Limited (BHEL). The contract involves the engineering, procurement, and construction (EPC) of balance of plant (BOP) systems for the 1x800 MW Singareni Super Thermal Power Project located in Telangana. This large-scale infrastructure assignment is expected to be executed over a 30-month timeline.
The company confirmed the order through an exchange filing, highlighting its strategic importance in expanding Power Mech’s footprint in the thermal power sector.
Stock surges on order announcement
Following the announcement, Power Mech’s stock surged over 5%, reaching ₹2,973 on the NSE, up from its previous close of ₹2,823.35. The rally reflects investor confidence in the company’s execution capabilities and its growing order book. This is the first major order disclosed by the company in nearly two months, adding momentum to its performance in 2025.
Key highlights of the development
- Power Mech Projects received a ₹2,500 crore EPC order from BHEL
- The project is for the 1x800 MW Singareni Super Thermal Power Plant in Telangana
- Scope includes balance of plant systems, to be completed in 30 months
- Stock price jumped over 5% post-announcement, hitting ₹2,973 on NSE
- This is Power Mech’s largest disclosed order in recent months
- The deal strengthens its position in India’s thermal power infrastructure space
Strategic implications for Power Mech
This order win reinforces Power Mech’s reputation as a leading player in India’s power infrastructure sector. With increasing demand for energy and ongoing investments in thermal and renewable projects, the company is well-positioned to capitalize on future opportunities. The BHEL partnership also signals strong institutional trust in Power Mech’s technical and operational capabilities.
Sources: Business Today, CNBC TV18, Financial Express