Power Mech Projects Shares Gain Over 2% After Winning ₹549.37 Crore Order from Adani Group Company

Power Mech Projects has received an order from MOXIE Power Generation Limited for providing complete operation and maintenance services at its 2x600 MW Moxie Power Generation plant in Tuticorin, as per the exchange filing.  

The contract is worth ₹549.37 crore, including taxes and duties but excluding GST. It will run for 60 months from October 1, 2026, to September 30, 2031.  

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₹549 Crore Power Plant Order 

The order covers complete operation and maintenance services for the 2x600 MW Moxie Power Generation plant in Tuticorin. 

MOXIE Power Generation Limited, which belongs to the Adani Group, is the entity that awarded the contract to Power Mech Projects.  

Five-Year Contract 

The contract period is 60 months, starting October 1, 2026, and ending September 30, 2031. The order is classified as a domestic operations and maintenance contract.  

Power Mech Projects said that its promoter, promoter group and group companies have no interest in MOXIE Power Generation. The order is also not a related-party transaction.  

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Power Mech Projects Share Price Performance 

As of September 30, 2026, at 10:34 AM, Power Mech Projects share price was trading at ₹2,447.30 per share, reflecting a 2.09% surge from the previous trading session. 

Conclusion 

Power Mech Projects has secured a ₹549.37 crore order from MOXIE Power Generation for complete operation and maintenance services at its 2x600 MW power plant in Tuticorin. The contract will run for five years from October 2026 to September 2031, and the company said the order has no promoter interest or related-party connection. 

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