Announced Mon, 28 Sept, 2026 · 18:27 IST
Power Mech bags Rs 279.20 Cr O&M order from Telangana Power Gen Corp
POWERMECH · price
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Price reaction · full curve 14 horizons · vs prior close
+5.5%1-day move
₹2357.20
prior close
₹2399.00
base price
After-mkt
timing
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+0.0+0.1+0.7+0.3+5.5+5.0+3.0+2.8+3.4—————
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AI summary
Power Mech Projects secured an O&M order from Telangana Power Generation Corporation Limited. Scope covers mechanical, electrical, C&I for the Ash Handling Plant of Stage-I and Stage-II plus the complete Coal Handling Plant at YTPS (5x800 MW). Order value stands at Rs 279.20 Crores, excluding GST, with price variation applicable for the second and third years. The contract runs for 3 years from the date of LOI. No promoter or related party interest exists in the awarding entity.
Likely market impact
Strengthens 3-year order book visibility with a state PSU client; supports the O&M revenue stream and reduces execution risk exposure.