Power Mech Secures ₹327 Cr Vedanta O&M Contract

Core Announcement – Order Details

Awarding Entity: Vedanta Aluminium Metal Limited (CIN: L24202MH2023PLC411663)

Domestic/International Order: Domestic Entity

Nature of Order/Contract:

End to End Operation and Maintenance of 130 MW (2 x 50 MW, 1 x 30 MW) & Operation and Maintenance of BOP of 90 MW at Coal-fired Cogeneration Power Plant at Vedanta Limited, Kalahandi, Lanjigarh, Odisha, India

Order Value:

₹327.35 Crores (Exclusive of GST)

Materiality Context: Not Specified

Execution Timeline:

The Contract Period shall be of 48 Months

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No promoter/promoter group/group companies have any interest in the entity that awarded the order

Financial Implication: Not Specified