Power Mech Secures ₹164.63 Crore Order from BHEL

Power Mech Projects Limited has secured a significant order worth ₹164.63 crore (excluding GST) from Bharat Heavy Electricals Limited (BHEL). The contract entails the Main Supply, Design & Engineering, Mandatory Spares, and Civil Works, including Erection & Commissioning (E&C) for the 2 x 800 MW DVC Koderma Thermal Power Station (TPS) Phase-II – EPC project.

The share price of Power Mech Projects was trading with marginal losses at 1:16 PM. 

Scope of Work and Project Details

The contract involves multiple components, including:

• Design & Engineering for the project
• Supply of mandatory spares
• Civil works, erection, and commissioning of the thermal power station

The execution of this order is expected to take 30 months from the date of the Letter of Award (LOA).

A Domestic Partnership for Energy Infrastructure

This order has been awarded by BHEL, a leading public sector enterprise in India, reinforcing Power Mech’s strong presence in the energy and infrastructure sector. The project falls within the domestic market, with no promoter or related party involvement in the awarding of the contract.

Significance of the Koderma TPS Phase-II Project

The Koderma Thermal Power Station is an important power infrastructure project under the Damodar Valley Corporation (DVC). With a capacity of 2 x 800 MW, the expansion under Phase II will further strengthen power generation capacity in the region.

About the Company

Incorporated in 1999, Power Mech Projects Limited (PMPL) is a Hyderabad-based company. The company is primarily engaged in providing engineering and construction services with a focus on the power and infrastructure sectors. PMPL has diversified its operations across a range of sectors such as railways, transmission & distribution (electrical), FGD, mining, steel and process industry refinery, hydro projects, manufacturing, cross country pipe laying civil works, and operations & maintenance of power plants, among others. 

PMPL has executed major projects across India for clients such as BHEL, NTPC Limited, independent power producers (IPPs), and state generation utilities. The company also has a presence in the Middle East, South Asia and Africa via subsidiaries, and joint ventures.

Conclusion 

With India’s continued emphasis on power sector expansion and infrastructure development, Power Mech’s involvement in projects like Koderma TPS Phase-II underscores its role as a key player in the industry.

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