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The company won a contract worth Rs 498.39 crore from SJVN Thermal (P). This order is for commissioning support and a comprehensive operation and maintenance (O&M) contract for the coal-based Supercritical Buxar Thermal Power Project (BTPP), which includes two 660 MW units. This project is located at Chausa, Buxar District, Bihar, and is expected to be completed within 39 months.
Power Mech has also secured a Rs 52.96 crore order from Jhabua Power. This contract covers the operation and maintenance of the boiler, turbine, and generator for a 1x600 MW unit. The plant is situated at Village Barela, Post Office-Attaria, Tehsil-Ghansore, District Seoni-480997, Madhya Pradesh. The contract period is for three years, with a provision for a one-year extension.
Hyderabad-based Power Mech Projects is one of the leading infrastructure construction companies.
The company’s consolidated net profit advanced 53.8% to Rs 129.79 crore on a 42.4% rise in revenue from operations to Rs 1,853.28 crore in Q4 FY25 over Q4 FY24.
Hitachi Energy India has received an order from Power Grid Corporation of India to supply 30 units of 765-kilovolt (kV) 500 megavolt-ampere (MVA) single-phase transformers.
Power Mech Projects has secured orders worth Rs 159 crore from Bihar State Power Generation Company (BSPGCL), for setting up of grid connected distributed solar power plants for solarization of agricultural/ mixed feeders (with agricultural load) in power sub-stations through procurement of power by Bihar DISCOMs (NBPDCL/SBPDCL) at various locations in the State of Bihar
Torrent Pharmaceuticals has issued commercial papers (CPs) amounting to Rs 300 crore at an interest rate of 5.93% p.a for a tenure of 92 days.
NTPC's Unit 3 (660 MW) of Barh super thermal power project, stage-I (3x660 MW) declared the commercial operation with effect from 1 July 2025.
Western Carriers (India) has secured a work order worth approximately Rs 230 crore from Jindal Stainless Steel. The contract spans a period of three years and covers an integrated EXIM logistics solution.
Associated Alcohols & Breweries has launched its premium blended malt whisky ‘Hillfort’ in Uttar Pradesh. The product is now available across select retail outlets.
These projects will have a total installed capacity of 13.66 MW (AC) and will generate revenue through a 25-year power purchase agreement (PPA) with Bihar distribution companies NBPDCL and SBPDCL. The execution is set to be completed within 12 months.
The contracts cover three main locations: Rajoun, with a capacity of 4.221 MW valued at Rs 48.29 crore; Sakahara, with 4.285 MW worth Rs 49.02 crore; and Sambhuganj, the largest, with 5.155 MW valued at Rs 61.78 crore. Each project will receive a central government subsidy of Rs 1.05 crore per MW, plus an additional Rs 0.45 crore per MW from the Bihar government.
The scope of work includes the design, supply, installation, testing, commissioning, and long-term operation and maintenance of the solar power plants, along with related transmission infrastructure.