Power Mech bags ₹549 Cr O&M order from Adani's Moxie Power
POWERMECH · price
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Power Mech Projects secured an order worth ₹549.37 Crores from Moxie Power Generation (Adani Group) for complete Operation and Maintenance services at the 2x600 MW Tuticorin Thermal Power Plant. The contract runs for 60 months from October 1, 2026 to September 30, 2031. Domestic, non-related party order.
Positive: 5-year O&M contract adds long-term revenue visibility from Adani's Tuticorin plant, strengthening order book.