Power Mech Projects, an infrastructure company, has received a Rs 2,500 crore order from Bharat Heavy Electricals (BHEL). The company will deliver an engineering, procurement and construction package for an 800 MW super thermal power project in Telangana.
Power Mech stated that the order will be executed within a 36-month period from the date of commencement of work. The company said that it will be responsible for the design, engineering, manufacturing, inspection, testing, complete civil & structural works, construction, erection, testing, commissioning, trial run, handover, and annual maintenance until handover.
Power Mech Projects FY25 business
Power Mech Projects reported a revenue of Rs 5,279 crore in FY25. The company reported an EBITDA of Rs 649 crore and PAT of Rs 348 crore in the fiscal year. The company reported a 40 per cent YoY profit growth in the fiscal year as its PAT in FY24 stood at Rs 248 crore.
Power Mech stated in its annual report that, as of the end of fiscal year 2025, it had 165 ongoing projects. The company stated that it had 15 ongoing projects in foreign countries.
Power Mech Projects share price
Upon receiving the mega order from BHEL, Power Mech Projects’ share surged 2.7 per cent on Wednesday.
In the last 6 months, Power Mech’s stock has gained 4.47 per cent. However, over the past month, the company’s stock has declined by 6.48 per cent.