Author: Power Peak Digest Team Pub 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.

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