Power Mech Projects Limited has been awarded a significant operation and maintenance contract by Hindustan Zinc Limited. The order, valued at ₹109.22 crore (excluding GST), involves comprehensive maintenance services for a 91.5 MW CPP and its associated transmission infrastructure. The project is set to be executed over a duration of 48 months, further strengthening the company’s order book in the industrial power sector.
Order Overview and Financials
Power Mech Projects has officially secured a new mandate to provide comprehensive operation and maintenance (O&M) services for Hindustan Zinc Limited. The contract is valued at ₹109.22 crore, excluding applicable Goods and Services Tax. This development marks a significant addition to the company’s service portfolio, demonstrating its continued capability in managing complex industrial power assets.
Scope of Operations
Under the terms of this engagement, Power Mech will be responsible for the comprehensive operation and maintenance of a 91.5 MW Captive Power Plant (CPP). In addition to plant maintenance, the scope of work includes the management of the transmission line up to the MRSS (Main Receiving Substation). The company will act as an independent contractor, ensuring the operational efficiency of Hindustan Zinc’s critical energy infrastructure.
Execution Timeline
The project is scheduled for completion within a period of forty-eight (48) months. This multi-year contract provides steady revenue visibility for Power Mech Projects as it continues to execute its strategy of securing long-term service agreements in the domestic industrial sector.
Source: BSE
