Power Mech Projects zooms on securing orders from BSPGCL
These projects are to be developed at various power sub-stations in the state of Bihar with a cumulative capacity of 13.66 MW

Power Mech Projects is currently trading at Rs. 3270.05, up by 112.10 points or 3.55% from its previous closing of Rs. 3157.95 on the BSE.
The scrip opened at Rs. 3205.05 and has touched a high and low of Rs. 3312.00 and Rs. 3167.65 respectively. So far 12231 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3725.00 on 23-Aug-2024 and a 52 week low of Rs. 1698.85 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 3312.00 and Rs. 2988.00 respectively. The current market cap of the company is Rs. 10401.44 crore.
The promoters holding in the company stood at 58.28%, while Institutions and Non-Institutions held 28.14% and 13.58% respectively.
Power Mech Projects has secured orders from Bihar State Power Generation Company (BSPGCL), for setting up of Grid Connected Distributed Solar Power Plants for Solarization of Agricultural/ Mixed feeders (with agricultural load) in Power Sub-Stations through Procurement of Power by Bihar DISCOMs (NBPDCL/SBPDCL) at various locations in the State of Bihar through RESCO Mode for Implementation of PM-KUSUM Component C2 Scheme (Feeder Level Solarization).
These projects are to be developed at various power sub-stations in the state of Bihar with a cumulative capacity of 13.66 MW (AC) and the total estimated revenue to be generated over a period of 25 years Power Purchase Agreement(s) (PPA) is approximately Rs 159 crore. The comprehensive scope of work includes design, supply, installation, testing, commissioning and operation & maintenance of solar power plants along with the associated transmission infrastructure.
Power Mech Projects is an integrated power infrastructure services company. The company's operations include three business lines: Erection Works, Operation & Maintenance (O&M) Services and Civil Works.