Power Mech Projects has secured a Rs 186 crore (excluding GST) order from Jaiprakash Power Ventures (JPVL). This order entails providing Field Operation and Maintenance services for the 2 x 660MW Jaypee Nigrie Super Thermal Power Plant located in Nigrie, Madhya Pradesh, over a five-year period starting from January 1, 2025, to December 31, 2029.
The contract value/ month for the first year would be Rs 3.10 crore per month and thereafter, a monthly price escalation, based on the Wholesale Price Index (WPI), shall be applicable for the remaining period of 48 months from January 1, 2026, to December 31, 2029.
Power Mech Projects is an integrated power infrastructure services company. The Company's operations include three business lines: Erection Works, Operation & Maintenance (O&M) Services and Civil Works.
