Power Mech Projects Limited Secures Order from Hindustan Zinc
Power Mech Projects Limited announced on April 1, 2026, that it has secured a work order from Hindustan Zinc Limited. The order, valued at ₹ 109.22 Crores (excluding Goods & Services Tax), involves operation and maintenance services for a 91.5MW CPP and transmission line up to the MRSS.Under the terms of the contract, Power Mech will act as an independent contractor, providing comprehensive operation and maintenance services to Hindustan Zinc. The project is expected to be executed within forty-eight months.
Hindustan Zinc Limited, a domestic entity, awarded the work order. Neither the company nor its promoters or group companies have any interest in Hindustan Zinc. The order does not constitute a related-party transaction.
| S.No | Particulars | Details |
|---|---|---|
| A | Name of the entity awarding order(s)/ Contract(s) | Hindustan Zinc Limited (CIN: L27204RJ1966PLC001208) |
| B | Significant terms and conditions of order(s)/ contracts(s) awarded in brief | Scope of Work: The Company is responsible for comprehensive operation and maintenance of the91.5MW CPP and transmission line up to the MRSS, acting as an independent contractor on behalf of Hindustan Zinc Limited. |
| C | Whether order(s)/ contract(s) have been awarded by domestic/ international entity | Domestic Entity |
| D | Nature of order(s)/ Contract(s) | Work order for operation and maintenance |
| E | Whether domestic or international | Domestic |
| F | Time period by which the order(s)/contract(s) is to be executed | Within forty-eight (48) months |
| G | Broad consideration or size of the order(s) | ₹ 109.22 Crores (Excluding Goods &Services Tax) |
| H | Whether promoter/ promoter group/ group companies have any interest in the entity that awarded the order(s)/ contract(s)? | No |
| I | Whether the order(s)/ contract(s) would fall within related party transactions? If yes, whether the same is done at 'arm's length' | No |
M. Raghavendra Prasad, Company Secretary and Compliance Officer of Power Mech Projects Limited, made the announcement.
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