Power Mech Projects wins Rs 1,008.9 crore civil and structural contract from JSW Thermal Energy

Power Mech Projects shares rose after the company secured a Rs 1,008.90 crore order from JSW Thermal Energy for civil and structural works at a thermal power project in Salboni, West Bengal. The order strengthens revenue visibility over the next three years and reinforces the company’s position in the power infrastructure and EPC space.

Mumbai: Power Mech Projects Limited has secured a major new order worth Rs 1,008.90 crore, giving a strong boost to its business and future revenue visibility.The company shared this update through a regulatory filing to stock exchanges on June 20.The order is expected to strengthen Power Mech’s order book and improve its presence in India’s growing power infrastructure sector.BHEL Bags ₹21,000 Crore EPC Order, To Build 3x800 MW Meja Thermal Project in 70 MonthsOrder From JSW Thermal EnergyThe contract has been awarded by JSW Thermal Energy Limited, a domestic company involved in power generation projects.Under the agreement, Power Mech will carry out civil and structural work for the Boiler, Turbine and Generator (BTG) area of a thermal power plant.The work is part of a 2x800MW thermal power project being developed in Salboni, West Bengal.Such infrastructure work is important for setting up heavy power generation facilities and ensuring smooth plant operations.Jayant Infratech Bags ₹16.55 Crore South East Central Railway Order, Overhead Electrification Project To Be Completed By June 2027Project To Strengthen InfrastructureThe new project highlights continued investment in India’s energy infrastructure.Large thermal power plants play a key role in meeting rising electricity demand from industries, businesses and households.Experts believe projects of this scale also create strong opportunities for engineering and construction companies such as Power Mech.Winning such contracts helps improve long-term revenue flow and business stability. Man Industries Wins ₹1,000 Crore Orders, Consolidated Order Book Rises To ₹4,100 CroreExecution Timeline Set at 36 MonthsAccording to the company, the project is scheduled to be completed within 36 months from the effective date or commencement of work.A clear execution timeline provides better planning and improves earnings visibility over the coming years.Power Mech also confirmed that the order is a domestic contract and is not related to any promoter or related-party transaction.The order is seen as a positive development for the company as it continues to expand its infrastructure and power sector business.