Power Mech Bags Rs.294 Cr Adani Power Project

02 Jan 2025 CW Team

Power Mech Projects announced that it has secured a significant order worth Rs.294 crore from Adani Power. The contract involves a range of services for the 1,320 MW Korba Phase-II Thermal Power Project located in Chhattisgarh.

The scope of work includes overhauling, erection, testing, commissioning, and manpower assistance for the performance guarantee test of the steam generator (SG) for Units 3 and 4 of the project.

The announcement positively impacted the company's shares, which were trading 4.19% higher at Rs 2,675.45 on the Bombay Stock Exchange (BSE).

This development underscores Power Mech's growing presence in the power infrastructure sector and its collaboration with key players like Adani Power.

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