Synopsys:
Power Mech Projects Ltd secured two orders worth Rs.551.35 Cr from SJVN(Rs.498.39 Cr) and Jhabua power ltd(Rs.52.96 Cr) for thermal power projects.
The shares of this infra stock that engaged in Construction,engineering and others are in focus after receiving a new order worth of Rs.551.35 Cr from SJVN and Jhabua power ltd for thermal power projects.
With a market capitalization of Rs. 10,354 Crore, the shares of Power Mech Projects Ltd opened at Rs. 3,349.50 per equity share, from its previous day’s closing price of Rs. 3,218.55 and made an intraday high of Rs.3,398.90 per equity share.
Order details
Order 1
Power Mech Projects Limited has received a significant order worth Rs.498.39 crore from SJVN. This contract involves commissioning support and comprehensive operation and maintenance of the coal based supercritical Buxar Thermal Power Project (2×660 MW) located in Chausa, Buxar district, Bihar.
The project is to be completed over a period of 39 months and is a crucial part of India’s thermal power infrastructure, ensuring smooth operations of this high capacity plant.
Order
The company also secured another order valued at Rs.52.96 crore from Jhabua Power Limited, which is a joint venture of NTPC Limited. This contract includes the operation and maintenance of the boiler, turbine, and generator (BTG) of a 1×600 MW unit at Jhabua Power’s plant located in Barela village, Seoni district, Madhya Pradesh. The initial contract period is three years, with an option to extend for an additional year, reflecting long term collaboration in running efficient thermal power operations.
These new orders further strengthen Power Mech Projects Ltd position as a trusted service provider in India’s power sector, especially in handling large scale thermal plant operations and maintenance.
About the Company
Power Mech Projects Limited, started in 1999, is an Indian engineering company engaged in building and maintaining power plants. It handles boilers, turbines, generators, civil work, and other plant operations. The company works on big power projects, including ultra mega and thermal power plants.
The company has built a strong presence in the industry by working with well known clients like Adani,BHEL,Jindal Steel and Power,Tata Power,Vedanta and others, which reflects its trusted reputation and solid client base.The company currently has a strong order book worth of Rs.53,994 Crore as on 31 March 2025.
The company’s revenue from operations surged from Rs. 4,207 crore in FY24 reaching Rs. 5,234 crore in FY25, reflecting strong business growth. Net profit also rose from Rs. 248 crore to Rs. 348 crore, indicating better cost management and profitability. These figures highlight a solid improvement in both revenue and overall financial performance.
Written by Sudeep Kumbar
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