Power Mech Secures Rs 5.5 Billion in O&M Contracts

17 Jul 2025 CW Team

Infrastructure services company, Power Mech Projects Limited, announced on Monday (14 July) that it has secured two operation and maintenance (O&M) contracts worth a total of Rs 5.5 billion (excluding taxes, duties, cess, and GST).

The first contract, valued at approximately Rs 5 billion, was awarded by SJVN Thermal (P) Ltd for commissioning support and comprehensive O&M of the 2 x 660 MW coal-based supercritical Buxar Thermal Power Project located at Chausa in Buxar district, Bihar. The execution period for this contract is 39 months.

The second order, worth Rs 530 million, was received from Jhabua Power Limited, a joint venture of NTPC Limited. It covers the O&M of the boiler, turbine, and generator for a 1 x 600 MW unit in Seoni district, Madhya Pradesh. This contract will run for three years, with a provision for a one-year extension.

Power Mech Projects also reported a 53.8 per cent year-on-year increase in net profit, reaching Rs 1.3 billion in the fourth quarter, up from Rs 844 million in the same period last year.

Revenue rose by 42.4 per cent to Rs 18.5 billion, compared to Rs 13 billion in Q4 FY24, driven by robust execution across core segments. The company’s EBITDA grew by 44.3 per cent to Rs 2.16 billion, with stable margins of 11.6 per cent, compared to 11.5 per cent a year earlier, highlighting effective cost controls.

Shares of Power Mech Projects Ltd closed at Rs 3,227.80 on the BSE, down Rs 82.30 or 2.49 per cent.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..