Power Mech Projects: Stock jumps after bagging major 250 MW BESS order from WBSEDCL
News by Aliceblue News Desk
09 Jan 2026
Introduction
Leading industrial engineering and infrastructure company’s subsidiary secures 1 GWh Battery Energy Storage System order from WBSEDCL, including 250 MW/1,000 MWh greenshoe option, generating potential revenue of ₹3,126 crore.
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Share price movement of Power Mech Projects
On January 9, 2026, Power Mech Projects Limited opened at ₹2,459.00, up 4.44% from its previous close of ₹2,353.35. The stock reached a high of ₹2,459.00 and a low of ₹2,362.00. By 10:21 AM, it traded at ₹2,400.25, a 1.99% increase, with a market cap of ₹7,588.70 crore.
Power Mech Wins WBSEDCL BESS Order
Power Mech Projects Limited said its wholly owned subsidiary, PM Green Private Limited, secured a 1 GWh Battery Energy Storage System order from WBSEDCL under a BOO model.
The project involves setting up a 250 MW/1,000 MWh BESS at Goaltore substation, Paschim Midnapore, with design, finance, construction, operation, and maintenance responsibilities.
The contract includes a greenshoe option for an additional 250 MW/1,000 MWh at Durgapur, taking total potential revenue to ₹3,126 crore over a 15-year term.
Stock performance of Power Mech Projects for Period of 1 week, 6 months, and 1 year
Power Mech Projects Limited delivered a 1.05% return over the past week, it declined by 28.8% in the past six months. The stock fell 14.4% over the past year.
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Shareholding pattern of Power Mech Projects
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 58.30% | 58.30% | 58.30% |
| FII | 6.60% | 7.00% | 5.10% |
| DII | 20.50% | 21.00% | 23.30% |
| Public | 14.60% | 13.70% | 13.30% |
About Power Mech Projects
Power Mech Projects Limited (NSE: POWERMECH) is a Hyderabad-based leader in project and infrastructure construction, offering EPC, O&M, and plant services across power, non-power, and infrastructure sectors, with operations in India and over ten countries.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Power Mech Projects share price rising today?
A: Power Mech Projects’ subsidiary PM Green secures 1 GWh BESS order from WBSEDCL with potential revenue of ₹3,126 crore over 15 years.
Q: What is Power Mech Projects’ main business focus?
A: Power Mech Projects specializes in EPC, O&M, plant construction, renovation, and infrastructure services across power and non-power sectors.
Q: What is the 52-week high and low of Power Mech Projects stock?
A: Power Mech Projects stock 52-week high is ₹3,415.45 and low is ₹1,698.85.
News Author
Aliceblue News Desk
