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Power Mech Projects Limited — Capital/Financing Update 2026
Jan 8, 2026
60676_rns_2026-01-08_17beae30-320f-46f7-b025-113abbcb5b5e.pdf
Capital/Financing Update
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Date: January 8, 2026
To To Listing Department Dept. of Corp. Services National Stock Exchange of India BSE Limited Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai – 400 051 Security Code: 539302 Symbol/Security ID: POWERMECH
Dear Sir/Madam,
Sub: Press Release- receipt of large-scale order
***
Please find enclosed the Press Release regarding the receipt of a large-scale order by PM Green Private Limited (CIN: U35105TS2025PTC196823), a wholly owned subsidiary of the Company, as the Lead Member, from West Bengal State Electricity Distribution Company Limited (WBSEDCL).
The order is for the setting up of a 250 MW / 1,000 MWh Standalone Battery Energy Storage System (BESS) at Goaltore, Paschim Medinipur, West Bengal, under the Build-Own-Operate (BOO) model, along with an additional Greenshoe option of 250 MW / 1,000 MWh at the Durgapur Project Limited (DPL) campus, Durgapur, West Bengal
The details as required under the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are given in the enclosed as Annexure-I.
Kindly take the same on record and acknowledge the receipt.
For Power Mech Projects Limited
MOVVA Digitally signed by MOVVA RAGHAVENDRA PRASAD RAGHAVENDRA Date: 2026.01.08 22:48:07 PRASAD +05'30' M. Raghavendra Prasad Company Secretary and Compliance Officer
Encl: as above
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| Annexure-I | |||
|---|---|---|---|
| S. No | Particulars |
Details | |
| A | Name of the entity awarding order(s)/Contract(s) |
West Bengal State Electricity Distribution Company Limited (CIN: U40109WB2007SGC113473) |
|
| B | Significant terms and conditions of order(s)/ contracts(s) awarded in brief |
for Setting up a 250 MW / 1000 MWh Battery Energy Storage System (BESS), with an additional green shoe option of 250 MW / 1000 MWh, under the Build, Own, Operate (BOO) model, with a 100% off-take guarantee from West Bengal State Electricity Distribution CompanyLimited(WBSEDCL). |
|
| C | Whether order(s)/contract(s) have been awarded by domestic/ international entity |
Domestic Entity | |
| D | Nature of order(s)/ Contract(s) | The scope of work includes-Design, Finance, Engineering, Procurement, Construction, Operation, and Maintenance of the BESS facility at Goaltore Substation and Green shoe option at Durgapur Project Limited(DPL)campus |
|
| E | Whether domestic or international |
Domestic | |
| F | Time period by which the order(s)/contract(s) is to be executed |
Scheduled Commissioning Date (SCD) – 18 Months from the date of signing of Battery Energy Storage Purchase Agreement (BESPA). Operation and Maintenance period – 180 Months from SCD. |
|
| G | Broad consideration or size of the order(s)/contract(s) |
₹ 3,126 Crores (Excluding GST) (IncludingGreenshoe option) |
|
| H | Whether promoter/ promoter group/ group companies have any interest in the entity that awarded the order(s)/ contract(s)? if yes, nature of interest and details thereof |
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 |
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