Power Mech Projects Secures Rs 709.56 Crore Thermal Plant O&M Contract from Adani Group

Power Mech Projects Limited has secured a Rs 709.56 crore contract from Adani Infrastructure Management Services Limited for operations and maintenance, including overhauling, of a 5x660 MW thermal power plant in Tiroda, Maharashtra. The five-year, KPI-based agreement runs from April 2026 to March 2031. The contract is a domestic order with no related party involvement, enhancing Power Mech's long-term revenue visibility and strengthening its position in the thermal power sector.