Power Mech Secures ₹970 Crore Vedanta O&M Contract

Core Announcement – Order Details

Awarding Entity: VEDANTA POWER LIMITED (SAKTI THERMAL PLANT) (CIN: U40101MH2007PLC433557)

Domestic/International Order: Domestic Entity

Nature of Order/Contract: End-to-End basis Operations and Maintenance contract at 2x600 MW coal based Thermal Power Plant at Vedanta Power Limited's Sakti Thermal Plant, situated at village Singhitarai, Sakti (Distr), Chhattisgarh.

Order Value: ₹970 Crores (₹890 Crore basic value + ₹80 Crore provision for additional services). Excluding GST.

Materiality Context: Not Specified

Execution Timeline: Within 60 Months from the date of issuance of LOI/Order Confirmation

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