Power Mech Bags Rs 10.089 billion JSW Thermal Project In West Bengal

Power Mech Projects Limited has secured a contract worth Rs 10.089 billion (bn), according to a regulatory filing on June 20. The award gives the company stronger revenue visibility and is expected to reinforce its order book. The move will improve its standing in India's power infrastructure sector. The company confirmed the order is a domestic contract and not related to any promoter or related-party transactions.

The contract has been awarded by JSW Thermal Energy Limited and covers civil and structural work for the Boiler, Turbine and Generator area of the plant. The project involves two 800 Megawatt (MW) units to be developed at Salboni in West Bengal. Civil works for the BTG area are critical for setting up heavy power generation facilities and for ensuring safe and efficient plant operations. The scope includes foundations, structural steelwork and associated infrastructure required for BTG installations.

The project underscores ongoing investment in India's energy infrastructure and supports capacity addition to meet rising electricity demand from industry, commerce and households. Projects of this scale create substantive opportunities for engineering and construction companies such as Power Mech, improving long-term revenue flow and business stability. The contract supports the company's strategy to expand its footprint in the power sector and to bid for large turnkey assignments. It is expected to strengthen the company's order backlog and provide multi-year execution visibility.

Execution of the assignment is scheduled over 36 months from the effective date or commencement of work, providing a clear timeline for planning and resource allocation. The firm highlighted that the order will contribute to earnings visibility over the coming years and to its pipeline of ongoing projects. The development is a positive for the company as it continues to expand its infrastructure and power sector business. The award aligns with broader sectoral demand for large scale thermal projects.

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