Power Mech Projects Bags ₹3,126 Cr WBSEDCL Battery Storage Order

• Power Mech Projects' subsidiary, PM Green, secured a ₹3,126 crore order from WBSEDCL for a 250 MW/1,000 MWh Battery Energy Storage System (BESS).
• The project, under a build-own-operate (BOO) model, includes sites at Goaltore, Paschim Medinipur, and a greenshoe option for Durgapur, West Bengal.
• Scope covers design, finance, engineering, procurement, construction, operation, and maintenance of the BESS facilities.
• Commissioning is set for 18 months from BESPA signing, followed by a 180-month operation and maintenance period.
• Company reported Q2 FY25 net profit up 11.7% to ₹74.92 crore and revenue up 19.5% to ₹1,237.8 crore.

Why It Matters: Power Mech secures a massive ₹3,126 Cr battery storage deal, boosting its order book and Q2 financials.