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Power Mech Projects
Welcome to Power Mech Projects Ltd
About Power Mech Projects
Power Mech Projects Limited operates as a comprehensive engineering and construction company, offering a wide array of services to the power and infrastructure sectors. Founded in 1999 by S. Kishore Babu, a mechanical engineer with extensive field experience, the company began its journey by providing maintenance services for gas turbines. Babu, a first-generation entrepreneur, leveraged his prior 14 years of experience in power plant construction and maintenance to establish the company, which he has since guided as Chairman and Managing Director. His vision was to deliver high-quality services, which has remained a core principle for the Hyderabad-based firm.
The company's business model is structured around integrated services, initially focusing on the power sector before strategically diversifying into non-power areas to create a balanced revenue portfolio. Its primary revenue is generated through Engineering, Procurement, and Construction (EPC) services. Key business units include Industrial Services, which provides Operations & Maintenance (O&M) for power plants; Industrial Construction for erecting boilers, turbines, and generators (BTG); and civil engineering for plant infrastructure. The company has expanded its offerings to include mining development and operations (MDO), railway and metro projects, water treatment plants, and road construction, reducing its dependency on a single sector. Major clients include public sector entities like BHEL and NTPC, as well as private corporations such as Adani Group and Vedanta.
Power Mech Projects provides an end-to-end suite of services, from the erection, testing, and commissioning (ETC) of power plants to their long-term operation and maintenance, repairs, and overhauling. This includes handling BTG and Balance of Plant (BOP) works for various power projects, including ultra-mega, supercritical, sub-critical, and gas-based plants. A significant milestone was its public listing on the BSE and NSE, which was oversubscribed 38 times. The company has a substantial international presence, with operations in over ten countries, including Nigeria, Saudi Arabia, Oman, and Bangladesh, through various subsidiaries and joint ventures. A notable international project is the O&M contract for the Dangote Oil Refinery in Nigeria. With a workforce of over 10,000 direct employees and a large fleet of construction equipment, the firm can manage numerous sites simultaneously.
Source: Dealroom company dataAt a glance
- Founded
- 1999
- Headquarters
- Hyderabad, India
- Sector
- Outside Tech
- Power Law
- Thoroughbred$100M+ revenue
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later4 investors entered at this stage
Morgan Stanley
Bandhan Mutual Fund- TFTiger Fund
BlackRock
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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