Article

Power Mech Projects Ltd, through its subsidiary PM Green Private Ltd, has secured a ₹3,126 crore contract from WBSEDCL for a 250 MW / 1,000 MWh Battery Energy Storage System in Goaltore, West Bengal. The project, which includes a 100% off-take guarantee and an option for an additional 250 MW/1,000 MWh, will be executed under a build-own-operate model and is expected to be commissioned within 18 months. Additionally, Power Mech reported an 11.7% increase in net profit for Q2 FY25, reaching ₹74.92 crore, along with a 19.5% rise in revenue to ₹1,237.8 crore.