The order covers comprehensive operation and maintenance of the mechanical, electrical and control and instrumentation systems, along with upkeep of the ash handling plant and the complete coal handling plant at Yadadri Thermal Power Station.
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 5×800 megawatt Yadadri Thermal Power Station.
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The order will be executed over a period of three years from the date of issuance of the Letter of Intent (LOI) or order confirmation. The order value of ₹279.20 crore includes all provisions but excludes Goods and Services Tax (GST). A Price Variation Clause (PVC) will apply in the second and third years.
The order has been awarded by a domestic entity and is classified as an operations and maintenance contract. Power Mech Projects said the promoter, promoter group and group companies have no interest in the entity awarding the order. The contract does not fall under related party transactions.
In September this year, Power Mech Projects said it had secured a ₹970 crore Operations and Maintenance (O&M) contract from Vedanta Power for its 2×600 MW Sakti Thermal Power Plant in Chhattisgarh.
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The scope of the contract includes end-to-end operations and maintenance of the coal-based thermal power plant located at Singhitarai village in Sakti district, Chhattisgarh.
The contract has a basic value of ₹890 crore, along with a provision of ₹80 crore for additional services. The total contract value excludes GST, the exchange filing stated. Power Mech Projects will execute the contract over a period of 60 months from the date of issuance of the Letter of Intent (LOI) or order confirmation.
Shares of Power Mech Projects Ltd ended at ₹2,370.85, down by ₹37.30, or 1.55%, on the BSE.
First Published: Sept 28, 2026 8:03 PM IST