Power Mech Projects, through its wholly owned subsidiary PM Green, has won a major order from West Bengal State Electricity Distribution Company (WBSEDCL).
The order involves the establishment of a 250 MW/1,000 MWh standalone battery energy storage system (BESS) at Goaltore, Paschim Medinipur, West Bengal, under the build-own-operate (BOO) model. Additionally, the contract includes a greenshoe option for another 250 MW/1,000 MWh BESS at the Durgapur Project (DPL) campus in Durgapur, West Bengal. The scope of work encompasses design, finance, engineering, procurement, construction, operation, and maintenance of the BESS facilities at both locations. The total value of the order, including the Greenshoe option, is Rs 3,126 crore (excluding GST).
The project is set to be completed within 18 months from the signing of the Battery Energy Storage Purchase Agreement (BESPA), with an operation and maintenance period of 15 years.