Power Mech secures ₹710 crore contract for Adani plant
pre-market1 source ↓written by the desknot a recommendation
- contract from Adani
- ₹709.56 crore
- The agreement spans
- 60 months
- 1 Apr 2026
- 31 Mar 2031
Power Mech Projects Ltd has won a ₹709.56 crore contract from Adani Infrastructure Management Services Ltd for operations and maintenance at a 5×660 MW thermal power plant in Tiroda, Maharashtra. The agreement spans 60 months, from 1 Apr 2026 to 31 Mar 2031.
This contract is significant as it enhances Power Mech's portfolio in the energy sector, potentially boosting its revenue and operational capabilities. The KPI-based structure ensures performance accountability, which may positively influence market sentiment.
Not investment advice. For informational purposes only.