Power Mech Projects Ltd. Share Price

Power Mech gains 5% on ₹1,000 crore order win

Power Mech Projects Limited (POWERMECH) gained around 5% after securing a major order worth approximately ₹1,000 crore from a domestic customer. The order covers engineering, procurement and construction work and adds to the company's order book visibility. The order strengthens Power Mech Projects' position in the infrastructure and power construction segment, where execution capability and order inflows remain key drivers of growth. The new project adds to its existing pipeline and provides additional revenue visibility over the execution period. For investors, the key monitorables are project execution, order-book conversion, margins and working-capital requirements. Large EPC orders can support revenue growth, but profitability depends on timely execution, cost control and cash-flow management. The stock's positive reaction indicates that the order announcement has attracted market attention. However, investors should assess the incremental order in the context of the company's existing order book and future earnings rather than focusing only on the one-day price movement. Overall, the ₹1,000 crore order provides incremental business visibility for Power Mech Projects. The key trigger ahead is execution quality and whether the new order translates into sustainable revenue, margins and cash flows. Disclosure: I do not hold any position in Power Mech Projects Limited. This post is for informational purposes only and is not investment advice.

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Avalon Tech Falls as Power Mech, KSB Gain on Orders

Technologies shares came under pressure after its promoters were reported to be looking to sell up to a 6% stake through block deals, with the proposed transaction valued at around ₹861.9 crore. Meanwhile, Power Mech Projects and KSB remained in focus after securing new orders worth ₹549.37 crore and up to ₹118 crore, respectively. The proposed Avalon transaction involves promoter groups Bhaskar Srinivasan, BBS Family Trust and KBS Family Trust. The indicative price range for the block deal is ₹2,150–₹2,302 per share, according to reports cited by Moneycontrol. The potential stake sale comes after a strong run in Avalon shares, with the stock having gained significantly over the past six months. Power Mech Projects has secured a ₹549.37-crore order to provide complete operation and maintenance services at Adani Group’s 2x600 MW Moxie Power Generation Tuticorin thermal power plant. KSB, meanwhile, received an export order worth up to ₹118 crore from Dangote Projects Free Zone Enterprise for supplying a boiler feed pump package for the international fertiliser and energy sectors.

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Power Mech Secures ₹549 Crore Adani Group O&M Contract

has secured a ₹549.37 crore contract from MOXIE Power Generation Limited, an Adani Group company, for providing comprehensive Operation and Maintenance (O&M) services at its 2×600 MW Tuticorin Thermal Power Plant in Tamil Nadu. The contract was disclosed on September 29, 2026, and will be executed over 60 months, from October 1, 2026, to September 30, 2031. The scope of work includes complete operation and maintenance services for the 1,200 MW thermal power facility. The contract value of ₹549.37 crore includes all applicable taxes and duties, excluding Goods and Services Tax (GST). This five-year agreement provides Power Mech with long-term order visibility and strengthens its presence in the thermal power operations and maintenance segment. The order has been awarded by a domestic entity and does not involve any related-party transaction. The company has also confirmed that its promoters, promoter group and group companies have no interest in the awarding entity. For investors, the key monitorables include commencement of operations, execution over the five-year period, operational efficiency and revenue contribution from the contract. The long-term nature of the agreement provides business visibility, while actual financial contribution will depend on execution and contractual terms. Disclosure: I do not hold any position or financial interest in the mentioned stock.

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Power Mech Projects bags Rs. 549 crore O&M order

Integrated power infrastructure services company Power Mech Projects Ltd on Tuesday (September 29) said it has secured a ₹549.37 crore order from Moxie Power Generation Ltd of the Adani Group for complete operation and maintenance (O&M) services at its 2x600 MW Moxie Power Generation Tuticorin Thermal Power Plant (TPP). The contract, awarded by a domestic entity, will run for 60 months from October 1, 2026 to September 30, 2031. The order value of ₹549.37 crore includes all taxes and duties, except Goods and Services Tax (GST). Under the contract, Power Mech Projects will provide complete O&M services at the 2x600 MW Tuticorin TPP operated by Moxie Power Generation Ltd. Under the order, Power Mech Projects will undertake work for the ash handling plant of Stage-I, covering Units 1 and 2, and Stage-II, covering Units 3, 4 and 5. The scope also includes the complete coal handling plant of the 5x800 megawatt Yadadri Thermal Power Station.

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Power Mech Projects Secures ₹279 Crore Order

has secured a ₹279.20 crore order from Telangana Power Generation Corporation Limited (TGGENCO) for comprehensive operation and maintenance (O&M) services at the Yadadri Thermal Power Station (YTPS), Telangana. The order covers mechanical, electrical, control and instrumentation (C&I) operations, along with upkeep of the ash handling plant and coal handling plant across the 5×800 MW power station. The scope includes ash handling facilities of Stage-I (Units 1 and 2) and Stage-II (Units 3, 4 and 5), along with the complete coal handling plant. The contract will be executed over three years from the date of issuance of the Letter of Intent (LOI) or order confirmation. The total order value stands at ₹279.20 crore, including all provisions but excluding GST. A Price Variation Clause (PVC) will be applicable for the second and third years, allowing adjustments as specified under the contract. The order has been awarded by a domestic entity and does not involve any related-party transaction. The company has also confirmed that its promoters, promoter group and group companies have no interest in the awarding entity. For Power Mech Projects, the order strengthens its presence in the thermal power plant operations and maintenance segment, adding a long-term service contract to its order book. Investors may monitor execution, operational efficiency and the contribution of the contract to future revenue. Disclosure: I do not hold any position or financial interest in the mentioned stock.

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Power Mech Projects secures ₹279 crore Telangana order

Power Mech Projects Limited has secured a ₹279.20 crore order from Telangana Power Generation Corporation Limited for operation and maintenance work at Yadadri Thermal Power Station. Shares of Power Mech Projects were trading at ₹2,398.60 on September 29, up 1.45% on the NSE. The three-year contract covers mechanical, electrical, and control and instrumentation systems, along with maintenance of the ash handling and coal handling plants at the 4,000 MW Yadadri Thermal Power Station. The scope includes ash handling facilities across all five units, comprising Units 1 and 2 under Stage I and Units 3, 4 and 5 under Stage II. The contract value excludes GST, with a price variation clause applicable during the second and third years. This order adds to the company's thermal power O&M portfolio. Earlier in September, Power Mech secured a ₹970 crore contract from Vedanta Power for operating and maintaining its 1,200 MW Sakti Thermal Power Plant in Chhattisgarh over 60 months. My view: The two contracts represent a combined order value of ₹1,249.20 crore, strengthening the company's visibility in recurring power plant operations and maintenance work. However, order value alone does not translate into immediate revenue or profit. Execution costs, operating margins and timely mobilisation will determine the actual earnings contribution. The Telangana contract also carries a three-year execution period, making revenue recognition gradual. I am watching the company's order inflows, execution updates and operating margins in the coming quarters. At ₹2,398.60, the stock's ability to sustain its recent price strength alongside volume will be important for assessing follow-through.

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.

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