Power Mech Projects Secures ₹109 Crore Order from Hindustan Zinc

Power Mech Projects Limited has announced a significant new domestic contract win from Hindustan Zinc Limited. In a regulatory filing dated April 1, 2026, the company revealed it has been awarded a work order valued at ₹109.22 crore (excluding GST).

The scope of the contract involves the comprehensive operation and maintenance (O&M) of a 91.5 MW Captive Power Plant (CPP) and the associated transmission line up to the Main Receiving Sub-Station (MRSS). Power Mech will act as an independent contractor for these services, further strengthening its footprint in the industrial O&M sector.

The project is slated for execution over a period of 48 months. This long-term agreement provides clear revenue visibility for the company's service division and underscores its expertise in managing critical power infrastructure for major industrial players like Hindustan Zinc.

Shares of Power Mech Projects Limited was last trading in BSE at Rs. 1877.25 as compared to the previous close of Rs. 1731.65. The total number of shares traded during the day was 7456 in over 883 trades.

The stock hit an intraday high of Rs. 1883.20 and intraday low of 1761.20. The net turnover during the day was Rs. 13689626.00.

Source : Equity Bulls

Keywords

PowerMechProjects INE211R01019 OrderWin HindustanZinc