Power Mech Projects Wins ₹1.86 Billion Contract from JPVL

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Power Mech Projects Limited has secured an order worth Rs 1.86 billion from Jaiprakash Power Ventures Limited (JPVL).

The contract involves providing field operation and maintenance services for the 2×660 MW Jaypee Nigrie super thermal power plant in Madhya Pradesh for a period of five years.

For the first year, the contract value is Rs 31 million per month, with a monthly price escalation applicable from January 2026 based on the wholesale price index.

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