Contract Award: Power Mech Projects and Adani
Power Mech Projects has secured a Rs 549 crore operations and maintenance contract from Adani in the hydel-based power segment, as reported by Rediff MoneyWiz on 29 September 2026. No further details on the specific plant, location, scope of work or contract duration were available in the reported headline.
| Detail | Information |
|---|---|
| Contract Value | Rs 549 crore |
| Contract Type | Operations and Maintenance (O&M) |
| Contractor | Power Mech Projects |
| Client | Adani |
| Sub-sector | Hydel Based Power |
| Reported Date | 29 September 2026 |
Hydel Power Pipeline: Scale of Tracked Activity
The contract sits within a sub-sector carrying considerable depth of pipeline activity. Projects India tracks 2,124 hydel-based power projects across India, reflecting the breadth of opportunity available to O&M specialists, civil contractors and equipment suppliers operating in this space.
The stage breakdown of those tracked projects illustrates where the work is concentrated. Of the 2,124 projects on record, 1,068 are Under Approvals, 263 have reached Construction Started, 247 are Completed, 208 are at the Planning stage, 142 are on Hold, and 69 have received approvals and are moving toward execution. The Construction Started and Approvals Received cohorts — totalling 332 projects — represent the near-term pipeline most relevant to contractors and O&M service providers seeking upcoming mandates.
Where Hydel Projects Are Concentrated
Geography shapes where suppliers and contractors need to direct attention. Among the states with the highest concentration of tracked hydel projects, Himachal Pradesh leads with 435 projects, followed by Arunachal Pradesh with 415 and Uttarakhand with 259. Maharashtra accounts for 181 projects, Jharkhand for 98 and Madhya Pradesh for 76. These six states alone account for a significant share of the overall 2,124-project pipeline.
Arunachal Pradesh's position as a major hydel hub is also reflected in recent policy activity. The Kalai-II Hydro Project in Arunachal Pradesh recently received Cabinet approval at Rs 14,106 crore, further underlining the north-eastern state's role in India's hydropower expansion.
Recent Projects Entering the Pipeline
Among the recently tracked projects in the sub-sector, several large pumped storage and conventional hydel schemes are advancing through early stages. The Veeraballi Pumped Storage Project in Andhra Pradesh, promoted by Astha Green Energy Ventures Private Limited, is valued at Rs 12,788 crore and is Under Approvals. The Hydel Power Project at Sileru, Visakhapatnam, promoted by Andhra Pradesh Power Generation Corporation Limited (APGENCO), is valued at Rs 11,054 crore and has received approvals. The Pumped Storage Hydel Power Project at Badarwa, Sonbhadra, Uttar Pradesh, promoted by Jhariya Ananturja Private Limited, is valued at Rs 7,457.68 crore and is Under Approvals.
Further projects include the Pumped Hydropower Storage Project in Sirohi, Rajasthan, promoted by Avaada Group at Rs 5,800 crore (Under Approvals), and the Bhivpuri Off-Stream Open Loop Pumped Storage Project in Raigad, Maharashtra, promoted by Tata Power at Rs 2,470 crore, where construction has started. A full list of tracked projects is available via the hydel-based power projects page on Projects India.
What this means for suppliers and contractors
The Power Mech Projects–Adani O&M award signals continued appetite among large project owners to outsource operations and maintenance functions in the hydel segment to specialist contractors. For suppliers and contractors watching this space, the 332 projects currently at Construction Started or Approvals Received stages across India represent the most immediate tender and procurement opportunities.
The geographic concentration of projects in Himachal Pradesh, Arunachal Pradesh and Uttarakhand means that contractors with established regional presence or logistics capability in hilly terrain are well positioned. Equipment makers supplying turbines, civil works contractors and electromechanical systems providers should note that the Under Approvals cohort of 1,068 projects will progressively release tenders as clearances are granted. Monitoring the power projects sector for tender notifications as these projects advance remains the most direct route to early engagement.
Frequently asked questions
What is the value of Power Mech Projects' Adani O&M contract?
Power Mech Projects won an operations and maintenance contract from Adani valued at Rs 549 crore, as reported by Rediff MoneyWiz on 29 September 2026. No further breakdown of scope or duration was available from the reported headline.
How many hydel power projects are currently tracked in India?
Projects India tracks 2,124 hydel-based power projects across India. Of these, 1,068 are Under Approvals, 263 have Construction Started, and 69 have received approvals, making these cohorts most relevant to contractors seeking near-term work.
Which states have the most hydel power projects in India?
Among tracked projects, Himachal Pradesh leads with 435 projects, followed by Arunachal Pradesh with 415 and Uttarakhand with 259. Maharashtra has 181, Jharkhand 98 and Madhya Pradesh 76, according to Projects India data.
