Power Mech Projects Limited has informed stock exchanges on February 18, 2026, that it has secured large scale domestic orders aggregating to over ₹1,000 crore, excluding GST and other applicable taxes and cess.
The contracts have been awarded by subsidiaries of Adani Power Limited, namely Mirzapur Thermal Energy UP Private Limited and Mahan Energen Limited. The combined value of the orders stands at ₹1,005 crore, excluding GST and other applicable taxes.
The order from Mirzapur Thermal Energy UP Private Limited is valued at ₹515 crore, while the contract from Mahan Energen Limited amounts to ₹490 crore. Both entities are domestic subsidiaries of Adani Power Limited.
The scope of work includes onsite services for erection, testing, commissioning and manpower assistance for Performance Guarantee Test of Steam Generator and Steam Turbine Generator along with auxiliaries.
The contracts relate to Unit 1 and 2 of 2x800 MW Ultra Supercritical Thermal Power Projects under Mirzapur Phase I and Mahan Phase III. The work covers Steam Generator Package A and Steam Turbine Generator Package B for both projects.
As per the disclosure, execution of both orders is to be completed within 36 months from the required erection start date as notified in the Notice To Proceed.
The company stated that the orders have been awarded by domestic entities. It also confirmed that promoter or promoter group companies do not have any interest in the awarding entities.
Further, the contracts do not fall under related party transactions. The disclosure was made in accordance with the SEBI Master Circular dated November 11, 2024.
Read More: Adani Enterprises Expands Power Footprint via New Transmission Arm!
As of February 18, 2026, at 1:31 PM, Power Mech Projects share price on NSE was trading at ₹2,170.50 up by 4.06% from the previous closing price.
Power Mech Projects Limited has secured domestic thermal power project contracts worth over ₹1,000 crore from subsidiaries of Adani Power Limited. The projects involve erection, testing and commissioning services for 2 ultra supercritical power facilities with an execution period of 36 months.
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Published on: Feb 18, 2026, 2:32 PM IST
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