POWERMECHPower Mech Projects

Power Mech Projects wins ₹549.37 crore order to run and maintain a 2x600 MW power plant

Moxie Power Generation has awarded Power Mech a five-year operation and maintenance contract worth ₹549.37 crore for its 2x600 MW plant.

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Engineering and construction

What happened

  • Power Mech Projects received an order worth ₹549.37 crore, including taxes and duties but excluding GST, from Moxie Power Generation Ltd.
  • The work is operation and maintenance services for a 2x600 MW power generation plant, reported as the Tuticorin thermal plant.
  • The contract runs 60 months, from 1 October 2026 to 30 September 2031.
  • Power Mech said neither its promoters, promoter group nor group companies have any interest in the company awarding the order.

Why it matters

Good to know: Operation and maintenance (O&M) means running a plant day to day and keeping it in working order, as opposed to building it.

Key facts

Client
Moxie Power Generation Ltd
Order value
₹549.37 crore (incl. taxes and duties, excl. GST)
Scope
O&M, 2x600 MW plant
Term
60 months from 1 Oct 2026

Read the source

This is a summary of public news about Power Mech Projects, for information only. It is not a recommendation to buy, sell or hold POWERMECH.

Power Mech Projects in the news before

  1. 29 SEP 2026 · EVENING · ORDERSPower Mech wins ₹279 crore maintenance order from Telangana's power generator
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