Power Mech Projects

What Power Mech Projects does

Power Mech Projects Limited is a Hyderabad-based, publicly listed (NSE: POWERMECH, BSE: 539302) integrated power infrastructure services company founded in 1999 by S. Kishore Babu. The company provides end-to-end services across the power and infrastructure lifecycle through eight business segments: Industrial Construction (Erection, Testing and Commissioning of BTG and BOP for thermal power plants from 150 MW to 800 MW), Industrial Services (long-term O&M, overhauling, rehabilitation, modernization), Civil Engineering, Electrical (transmission and distribution, 33 kV to 765 kV substations, railway electrification), Overseas Business, Spare Parts Management and Workshop (Noida facility for BTG parts fabrication and turbine repair up to 600 MW), Water Infrastructure (hydro, STP/WTP), and Mining Operations (MDO contracts). Power Mech has contributed to capacity addition of 68 GW globally (58 GW domestic, 9 GW Middle East and Africa) and manages 41 power plants under O&M covering 59,240 MW.

The company operates on a B2B enterprise services model combining one-time EPC contracts (typically 24-38 month execution) with recurring managed services under long-term O&M and MDO contracts (5-25 year tenors). Revenue is contract-based with no consumer pricing, sourced through competitive bidding from large enterprise developers (Adani, JSW, Vedanta, BHEL) and government entities (Indian Railways, state electricity boards, MMMOCL, WBSEDCL). Distribution is direct enterprise sales with regional offices in Hyderabad, Kolkata, Mumbai, Nagpur, and Noida (India) and international offices in Saudi Arabia, UAE, Oman, Kuwait, Nigeria, and Bangladesh. Subsidiaries include Power Mech Industry (BTG parts), MAS Power Mech Arabia (KSA), Power Mech Projects BR FZE (Nigeria), Hydro Magus (hydro/water), PM Green (BESS/renewable), KBP Mining, and KTMPL.

The company is led by founder-Chairman & Managing Director Sajja Kishore Babu and Executive Director & President Rohit Sajja, with a workforce of 40,000+ (15,000 direct, 25,000 indirect) and operations across 10+ countries. Q4 FY26 revenue from operations was Rs 21,107.3 million (up 13.89% YoY), with consolidated net profit up 21.6% to Rs 142.55 crore. The board includes former BHEL CMD B Prasada Rao and Suzlon Group CEO JP Chalasani as independent directors, lending PSU and renewable energy expertise. Recent strategic moves include entry into BESS (Rs 3,126 crore WBSEDCL contract via PM Green), urban transit O&M (Mumbai Monorail), and large EPC wins from BHEL and JSW, signaling diversification beyond thermal power into renewable energy, storage, railway, and transit infrastructure.

Name

Power Mech Projects

Legal name

Power Mech Projects Limited

Website

https://powermechprojects.com

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Power Mech Projects is a Hyderabad-based integrated power infrastructure services company providing EPC construction, O&M, civil engineering, mining, and renewable energy services to thermal power developers (Adani, JSW, BHEL), government utilities, and industrial clients across 10+ countries. Founded 1999, listed on NSE/BSE.

Ownership category

akta.pro rank

Product category

Power Infrastructure EPC and O&M Services

NAICS

Fossil Fuel Electric Power Generation (221112), Turbine and Turbine Generator Set Units Manufacturing (333611), Power and Communication Line and Related Structures Construction (237130), Electric Bulk Power Transmission and Control (221121)

SIC

Engines & Turbines (3510), Motors & Generators (3621), Power, Distribution & Specialty Transformers (3612)

akta.pro primary industry

Thermal Power Plant EPC (Gas/Coal/Oil) (EUAEAAAA)

akta.pro secondary industries

Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL), Utility-Scale Power Generation Asset Management (EUAEAMAA), Grid Interconnection & Collector Substation EPC (Utility-Scale Renewables) (EUAEABAK), Hydropower EPC & Construction (Civil Works, Electromechanical) (EUACAEAF)

Keywords

• Power plant construction
• Operations maintenance
• EPC infrastructure services
• Civil engineering construction
• Mining development operations

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. EPC/Construction Services: Engineering, Procurement and Construction services for power plants including BTG and BOP works. Revenue recognized over project execution timeline typically spanning 24-38 months.
2. Operations & Maintenance Services: Long-term O&M contracts for operating power plants including AMC (Annual Maintenance Contracts). Provides recurring revenue streams with contracts spanning 5-25 years. Company reports 41 power plants under O&M care with generating capacity of over 59,240 MW.
3. Mining Operations (MDO): Mine Development and Operation contracts with multi-decade tenure. Company won first MDO in January 2021 for CCL mine in Ramgarh and West Bokaro districts, Jharkhand with 25-year contract period.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Power Mech Projects provides integrated Engineering, Procurement, and Construction (EPC) services along with Operations and Maintenance (O&M) for power plants and industrial infrastructure projects. The company delivers turnkey solutions spanning civil, electrical, mechanical, BTG (Boiler-Turbine-Generator), BOP (Balance of Plant), mining, and water infrastructure services across India and overseas markets for power developers, government utilities, and large industrial clients.

Product overview

Power Mech Projects is a diversified infrastructure-construction company offering an integrated portfolio of services across the power and infrastructure lifecycle. The company operates through eight distinct business segments: Industrial Construction (BTG and BOP erection, testing and commissioning for thermal plants), Industrial Services (O&M, overhauling, rehabilitation and modernization of power plants), Civil Engineering (foundations, structures, railway works), Electrical (transmission, distribution, railway electrification), Overseas Business (international O&M and construction), Spare Parts Management & Workshop (fabrication and repair services), Water Infrastructure (hydro power and treatment plants), and Mining Operations (mine development). The company also maintains subsidiaries including PM Green Private Limited for renewable energy and battery storage projects, and Hydro Magus for hydro power services.

Differentiator

Problem solved

Functional benefit

Brands

• PM Green: Renewable energy and Battery Energy Storage System (BESS) projects subsidiary
• Power Mech Industry

Products and services

• Power Plant EPC Services Turnkey EPC services for thermal and industrial power plants including Boiler-Turbine-Generator (BTG) and Balance of Plant (BOP) erection, commissioning, and project execution for power developers and government utilities.
• Power Plant Operations and Maintenance Long-term O&M services for thermal and industrial power plants covering routine maintenance, outage management, and performance optimization for power plant owners and developers.
• Civil Construction Services Heavy civil and structural construction services for power plants, industrial facilities, and infrastructure projects including foundations, structural steel, and site development.
• Electrical Works Electrical engineering, installation, and commissioning services for power plants and industrial facilities including switchyards, cabling, and instrumentation.
• Mining Development and Operations Coal and mineral mining development, extraction, and allied services including overburden removal, mining infrastructure, and related industrial services for power and mining clients.
• Water Infrastructure Services Water infrastructure and irrigation project development services for government utilities and industrial clients.
• Overseas Business Services International EPC, O&M, and infrastructure project execution outside India for overseas power developers, governments, and industrial clients.

Quantifiable outcome

• Singareni thermal plant achieved highest PLF in the country with Power Mech support during first quarter of 2021-22
• +3 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• JSW Thermal Energy LtdcoreOthers · 22 June 2026Rs 1,008.90 crore contract for civil and structural works on Boiler, Turbine and Generator area of 2x800 MW thermal power project at Salboni, West Bengal. Execution within 36 months.
• Adani Infrastructure Management ServicescoreOthers · 10 June 2026KPI-based operations and maintenance contract worth Rs 2,662.6 million for two-unit 300 MW thermal power plant at Butibori in Maharashtra. Five-year contract from July 2026 to June 2031.
• South Western RailwaycoreOthers · 27 April 2026Rs 2,279.5 million (Rs 227.95 crore) EPC order to develop Vande Bharat Sleeper Trains Maintenance Depot at Thanisandra, Karnataka. Contract covers comprehensive construction and engineering between Channasandra and Yelahanka stations with 30-month completion.
• Maha Mumbai Metro Operation Corporation Limited (MMMOCL)coreOthers · 14 April 2026Rs 2,960 million (approximately Rs 296 crore) five-year O&M contract for Mumbai Monorail covering 19.54 km corridor and 17 stations. Encompasses rolling stock, signalling systems, asset management, and spare parts logistics.
• Adani Infrastructure Management ServicescoreOthers · 17 March 2026Rs 709.56 crore O&M contract for 5x660 MW thermal power plant in Tiroda, Maharashtra, spanning 60 months from April 2026 to March 2031. KPI-based comprehensive O&M services including unit overhauling.
• Hindustan ZincminorOthers · 17 March 2026Rs 109.22 crore contract for comprehensive operation and maintenance of 91.5 MW captive power plant and associated transmission infrastructure. Contract spans 48 months.
• Adani Power subsidiaries (Mirzapur Thermal Energy, Mahan Energen)coreOthers · 18 February 2026Power Mech secured Rs 10 billion (Rs 1,000 crore) in EPC orders from Adani Power subsidiaries for constructing turbines and generators at thermal plants in Mirzapur, Uttar Pradesh and Mahan, Madhya Pradesh. Projects scheduled for completion within 36 months.
• West Bengal State Electricity Distribution Company Limited (WBSEDCL)coreOthers · 14 January 2026250 MW / 1,000 MWh Battery Energy Storage System contract awarded through subsidiary PM Green Private Limited. Build-own-operate model with 100% off-take guarantee, commissioning within 18 months.
• Bharat Heavy Electricals Limited (BHEL)coreOthers · 16 October 2025Rs 2,500 crore EPC order for Balance of Plant Package at Singareni thermal power plant in Telangana. Project involves engineering, procurement, and construction of power plant systems to be executed within 38 months.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• KEC International: Specialist in transmission, distribution and substation EPC (33 kV to 765 kV) — directly overlaps with Power Mech's Electrical business and competes for utility and railway electrification orders.
• BGR Energy Systems: India-based thermal EPC specialist with comparable BTG, BOP and balance-of-plant execution for sub- and super-critical units; overlaps with Power Mech on private thermal developers and competes for the same large EPC packages.
• Bharat Heavy Electricals Limited (BHEL): India's largest power-plant equipment manufacturer and EPC contractor; Power Mech is a direct sub-contractor and BOP partner to BHEL (e.g., Rs 2,500 crore Singareni BOP package), and competes with BHEL on thermal EPC, FGD/SCR retrofit, and O&M services.
• Kalpataru Projects International: Diversified EPC in T&D, oil & gas, railways and urban infra; competes with Power Mech on substation EPC, railway O&M and urban transit work, with comparable global presence in the Middle East and Africa.
• NCC Limited (Nagarjuna Construction): Diversified Indian EPC with buildings, water, roads and power transmission exposure; overlaps with Power Mech on civil engineering for power, railway, and urban infrastructure projects.
• Sunil Hitech Engineers: Specialist thermal power EPC contractor with comparable BTG/BOP and O&M capabilities; competes for similar sub- and super-critical thermal packages from Indian private developers and utilities.
• Tata Projects: Diversified infrastructure EPC arm of the Tata Group covering power, transmission, rail and urban transit; competes head-to-head with Power Mech on thermal EPC, substation work, and now railway/metro O&M.
• McNally Bharat Engineering Company: Indian EPC with thermal power, material handling and metallurgical plant capabilities; competes for similar thermal EPC packages and BOP works for Indian utilities and private developers.

Broad incumbents

• Larsen & Toubro (L&T): India's largest EPC conglomerate with a deep power, hydrocarbons, civil and electrical T&D portfolio; competes with Power Mech on large thermal and infrastructure packages while also being a buyer of subcontracted scope.
• Reliance Infrastructure: Large Indian infrastructure conglomerate with EPC, defence and power businesses; competes for large thermal, transmission and urban transit contracts and operates in similar customer ecosystems.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries13 records

Funding overview

Funding rounds3 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Power Mech Projects