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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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