Power Mech Wins ₹159 Cr Solar Mandate in Bihar, Strengthens Clean Energy Portfolio

Power Mech Projects has bagged solar contracts worth ₹159 crore from Bihar State Power Generation Company for a total capacity of 13.66 MW (AC) under the PM-KUSUM C2 scheme. The projects—located in Rajoun (₹48.29 crore), Sakahara (₹49.02 crore), and Sambhuganj (₹61.78 crore), will operate under the RESCO model with execution slated within 12 months. Backed by a 25-year PPA with Bihar discoms NBPDCL and SBPDCL, the order enhances long-term revenue visibility. With central and state subsidies of ₹1.5 crore per MW supporting viability, this deal underlines Power Mech’s growing foothold in decentralized solar solutions and aligns with India’s rural energy transition goals. Follow me for more such updates, Thank You! Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.