Power Mech Projects Secure ₹1,000 Crore Orders from Adani Affiliates
Power Mech Projects (
POWERMECH
), a Hyderabad-based engineering and construction firm, announced two major contracts totaling nearly ₹1,000 crore from Adani Power subsidiaries, driving its shares up over 5% on February 17, 2026 . The first order, valued at ₹515 crore from Mirzapur Thermal Energy (UP) Private Limited, covers erection, testing, commissioning, and performance guarantee tests for steam generator and turbine generator packages in the 2x800 MW Mirzapur Phase-I ultra-supercritical thermal power project .
The second ₹490 crore order from Mahan Energen Limited involves similar scope for the 2x800 MW Mahan Phase III project, including manpower support for performance tests . Both projects carry a 36-month completion timeline from the notice to proceed date.
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