Power Mech Projects Ltd announces annulment of WBSEDCL tender and LoA cancellation
Power Mech Projects · Construction
Key highlights
- WBSEDCL annulled the tender for 250 MW/1000 MWh Standalone Battery Energy Storage System at Goaltore.
- Letter of Award dated January 08, 2026 to PM Green Private Limited was rescinded.
- Order book value will reduce by ₹1,563 crore; Bid Security and Performance Bank Guarantee fully released.
Why it's rated major development: order cancellation is always high
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Intimation Regarding Annulment Of Tender And Cancellation Of Letter Of Award Issued To PM Green Private Limited (One Of The Wholly Owned Subsidiaries Of The Company).
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More from Power Mech Projects
- Order winNotablePower Mech Projects Limited secures ₹549.37 crore O&M order from Moxie Power Generation
- Order winNotablePower Mech Projects Limited receives ₹970 crore O&M order from Vedanta Power
- Order winNotablePower Mech Projects Ltd secures ₹1,008.90 Cr order from JSW Thermal Energy Ltd
- Order winNotablePower Mech Projects Limited secures ₹709.56 crore order from Adani Group
Other order win filings this fortnight
- Cochin Shipyard Limited signs ₹500 crore contract for naval vessel refit
- Dilip Buildcon Ltd declared L-1 bidder for ₹901.43 Cr EPC project by NBCC
- Ashoka Buildcon Limited receives LOA for 120 MWp Solar PV Plant in Bhutan
- BHEL receives ₹600-900 Cr order from Power Grid for synchronous condensers
- HLE Glascoat subsidiary Kinam Engineering secures $42-48M international order
- SpectraA Technology Solutions receives ₹21 crore domestic order for brewery project
Potential multibaggers · Q2 FY27
Potential multibaggers in Construction
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.