Rs 53,994 crore order book: Thermal power construction company bags orders worth Rs 551.35 crore from SJVN Thermal (P) Ltd & Jhabua Power Ltd
DSIJ Intelligence-1 / 15 Jul 2025/ Categories: Multibaggers, Trending
The stock gave multibagger returns of 680 per cent in just 3 years whereas BSE Sensex Index is up by 54 per cent.
Power Mech Projects Limited, a leading thermal power construction company, has secured two significant domestic orders totalling Rs 551.35 crore. The larger of these is a Rs 498.39 crore (excluding taxes and GST) contract from SJVN Thermal (P) Ltd. (STPL). This order is for the Commissioning Support & Comprehensive Operation and Maintenance (O&M) Contract for the 2 x 660 MW Coal-Based Supercritical Buxar Thermal Power Project (BTPP) located at Chausa, District Buxar, Bihar. The comprehensive O&M services for this substantial project are to be executed for 39 months.
In addition, Power Mech Projects Limited received an order worth Rs 52.96 crore (excluding taxes and GST) from Jhabua Power Limited, a joint venture of NTPC Limited. This contract focuses on the Operation and Maintenance of the Boiler, Turbine, and Generator of a 1x600 MW unit at Jhabua Power Limited's plant in Village Barela, District Seoni, Madhya Pradesh. The contract period for this O&M service is 3 years, with an option for a 1-year extension.
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About the Company
Established in 1999, Power Mech Projects Limited is an engineering and construction company offering comprehensive services for power plants, including building, testing, and maintaining boilers, turbines and generators, civil works, and ongoing operations. Their diverse portfolio encompasses various project scales, from ultra-mega to subcritical power plants, and their expertise extends across eight business units, including industrial services, construction, overseas operations, electrical systems, infrastructure construction, hydropower, manufacturing, and mining.
The company has a market cap of over Rs 10,000 crore and as of March 31, 2025, the company’s order book stands at Rs 53,994 crore. The stock gave multibagger returns of 680 per cent in just 3 years whereas BSE Sensex Index is up by 54 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.