Power Mech Bags ₹370 Cr Adani Order; Stock at ₹2995 🚀

Hey there, finance enthusiasts! Let’s dive into some exciting news from the infrastructure sector. Power Mech Projects Limited (POWERMECH) has just announced a significant order win that’s sure to bolster its project pipeline.

On August 28, 2025, Power Mech Projects revealed it has secured a substantial order worth ₹370.84 crores (excluding GST and BOCW Cess). This impressive contract comes from Mahan Energen Limited (MEL), a key subsidiary of Adani Power Limited, one of India’s leading power producers. Talk about a big client win! 🤝

The scope of this new order is quite comprehensive. Power Mech will be responsible for the execution of civil works and the erection of prefabricated structural steel for BTG Unit 1 & 2 of the Mahan Phase-III project. This involves two massive 800 MW units, totaling 1600 MW, located at Mahan Energen Limited in Singrauli, Madhya Pradesh.

Specifically, the work includes the main powerhouse, central control building, ESP, FGD, and limestone handling system, along with the switchyard and other miscellaneous ancillary works for the Mahan PH III project. This is a critical project that will contribute significantly to the region’s power generation capacity.

The company expects to complete this project within 30 months from the date of receiving the Notice to Proceed. This adds a solid, long-term project to Power Mech’s already robust order book.

For context, on the day of this announcement, Power Mech Projects’ stock (POWERMECH) was last traded at ₹2995, with a slight change of -0.2%. This new order from a prominent client like Adani’s subsidiary underscores Power Mech’s strong capabilities and position in the power and infrastructure sector. It’s a clear indicator of the company’s continued growth trajectory. Keep an eye on this space! ✨

source: Corporate Announcement

Join our Telegram for instant updates!