Contract Award: Power Mech Projects and Adani
Power Mech Projects has secured an operations and maintenance contract valued at Rs 5.49 bn from Adani, as reported by Construction World on 5 October 2026. The contract falls under India's thermal-based power sub-sector. No further details on scope, location, duration or specific plant were available from the source headline at the time of publication.
| Detail | Information |
|---|---|
| Contract Type | Operations and Maintenance (O&M) |
| Contractor | Power Mech Projects |
| Client | Adani |
| Contract Value | Rs 5.49 bn |
| Sub-sector | Thermal Based Power |
| Reported by | Construction World, 5 October 2026 |
Thermal Power Pipeline: Scale and Geography
The award sits within a large and active project pipeline. Projects India tracks 1,247 live thermal-based power projects across India, with six added to the database in the last 90 days alone. The geographic concentration of these projects points clearly to where future O&M and construction activity is likely to be highest.
Odisha leads with 132 tracked projects, followed closely by Chhattisgarh at 131 and Madhya Pradesh at 100. Andhra Pradesh accounts for 97 projects, Maharashtra for 96 and Tamil Nadu for 95. Suppliers and contractors with a presence in these states are best positioned to respond as projects move through approvals and into construction.
Stage Breakdown: Where Projects Currently Stand
Of the 1,247 tracked projects, the largest cohort — 501 — is at the Under Approvals stage, representing a substantial forward pipeline for suppliers seeking early engagement. A further 142 projects have reached Construction Started, generating near-term procurement and service demand. Ninety-five projects remain at the Planning stage, while 81 are currently on Hold. Completed projects number 193, and 134 have been cancelled.
The Under Approvals figure is particularly relevant for O&M service providers: as projects clear regulatory hurdles and move toward commissioning, demand for long-term operations and maintenance arrangements typically follows. Recent tracked projects illustrate the diversity of this pipeline, ranging from NTPC Limited's expansion at Unchahar in Uttar Pradesh (Rs 2,901 crore, Under Approvals) to JSW Energy Limited's Rs 16,000 crore plant at Salboni in West Bengal (Construction Started) and GMR Warora Energy Limited's Phase II expansion in Maharashtra at Rs 11,331 crore (Construction Started).
Adani's Thermal and Power Footprint
Adani remains an active promoter and developer across India's power sector. Projects India has previously reported on Adani Power's 3,200 MW Assam plant, which received its foundation stone alongside a Rs 48,000 crore investment commitment, underlining the group's continued capital deployment in large-scale thermal generation. O&M contracts of the kind awarded to Power Mech Projects are a routine feature of such projects once assets reach operational readiness.
What this means for suppliers and contractors
The Power Mech Projects award signals continued private-sector appetite for outsourced operations and maintenance in thermal power, even as the broader energy transition progresses. For suppliers and contractors, several practical signals emerge from the combined picture.
- O&M demand is real and near-term: With 142 tracked thermal projects already at Construction Started stage, a growing number of plants will require operations and maintenance arrangements in the coming years.
- Geography matters: Odisha, Chhattisgarh and Madhya Pradesh collectively account for 363 of the 1,247 tracked projects. Firms without a regional presence in these states face a structural disadvantage in competing for work.
- The approvals pipeline is the forward indicator: Five hundred and one projects sitting at Under Approvals represent the next wave of potential construction and O&M contracts. Suppliers who engage promoters at this stage are better placed when tenders are issued.
- Large promoters are active: NTPC, GMR, JSW Energy, Damodar Valley Corporation and Vedanta all feature in the current pipeline, alongside Adani. Each represents a distinct procurement relationship to cultivate.
Suppliers seeking a broader view of active opportunities can explore the power projects sector overview or review all tracked projects for the latest stage updates across the pipeline.
Frequently asked questions
What is the value of the O&M contract Power Mech Projects won from Adani?
Power Mech Projects secured an operations and maintenance contract from Adani valued at Rs 5.49 bn, as reported by Construction World on 5 October 2026. No further breakdown of scope or duration was available from the published headline.
How many thermal power projects are currently tracked in India?
Projects India tracks 1,247 live thermal-based power projects across India. Of these, 501 are at the Under Approvals stage, 142 have reached Construction Started, and 95 remain at Planning stage, with six projects added in the last 90 days.
Which Indian states have the most tracked thermal power projects?
Odisha leads with 132 tracked thermal power projects, followed by Chhattisgarh at 131, Madhya Pradesh at 100, Andhra Pradesh at 97, Maharashtra at 96 and Tamil Nadu at 95, according to Projects India data.
