Power Mech wins O&M contract for Jaypee Nigrie plant
Author: PPD Team Date: December 31, 2024
Power Mech Projects Limited has secured a Rs 1.86 billion contract from Jaiprakash Power Ventures Limited (JPVL) to provide operation and maintenance (O&M) services for the 2×660 MW Jaypee Nigrie super thermal power plant in Madhya Pradesh.
The contract covers five years, with a first-year value of Rs 31 million per month. From January 2026, a monthly price escalation will apply based on the wholesale price index.