Power Mech Bags 549 Cr Adani O&M Contract for Tuticorin TPP

Power Mech Projects bags Rs 549 crore Adani O&M contract for the Tuticorin TPP and strengthens its footprint in Tamil Nadu’s thermal power landscape.

The Hyderabad-based infrastructure services firm secures the order from Adani Group’s Moxie Power

Generation for complete operation and maintenance of the 2x600 MW Tuticorin Thermal Power Plant.

The five-year deal starts on 1 October 2026 and runs through 30 September 2031, delivering steady revenue visibility while supporting Tamil Nadu’s ongoing need for reliable thermal capacity.

Power Mech steps in as the dedicated O&M partner for this Adani-operated asset, reinforcing the state’s power procurement framework with professional plant management.

Contract Details at a Glance

Power Mech Projects announces the win on Tuesday, 29 September 2026. Moxie Power Generation Ltd, an Adani Group entity, awards the domestic contract valued at Rs 549.37 crore. The figure covers all taxes and duties except Goods and Services Tax.

Key terms include:

• Complete operation and maintenance services for the entire 2x600 MW Tuticorin TPP
• Contract duration of 60 months, effective from 1 October 2026 to 30 September 2031

The company confirms the order falls outside related-party transactions, ensuring a clean commercial arrangement.

Also Read: From Robots to Intelligence: How India’s Auto Plants Are Changing

Positioning within Tamil Nadu’s Thermal Ecosystem

Tuticorin sits in Tamil Nadu, a state that continues to rely on thermal generation to meet rising electricity demand. The 1,200 MW plant adds meaningful capacity to the state’s thermal portfolio. By entrusting full O&M responsibility to Power Mech, Moxie Power Generation secures professional day-to-day management of the facility.

This arrangement helps maintain plant availability and efficiency, aligning with Tamil Nadu’s broader power procurement requirements. Reliable O&M support reduces operational risk and supports consistent power supply into the state grid.

Power Mech’s Growing O&M Momentum

The Tuticorin order follows closely on another recent win. Just a day earlier, Power Mech secured Rs 279.20 crore O&M contract from Telangana Power Generation Corporation Limited for the Yadadri Thermal Power Station. That three-year assignment covers mechanical, electrical, control and instrumentation systems plus ash and coal handling plants.

Together, the two awards demonstrate Power Mech’s expanding role as a preferred O&M partner for large thermal assets across southern India. Shares of Power Mech Projects closed at Rs 2,394.20 on the BSE, rising Rs 34 or 1.44 percent on the day of the announcement. The Tuticorin contract now locks in multi-year cash flows and deepens the company’s relationship with the Adani Group’s power generation vertical.

As Tamil Nadu continues to balance thermal reliability with future energy needs, Power Mech’s five-year mandate at the 2x600 MW Tuticorin plant positions the firm as a key operational partner in the state’s power infrastructure.