New Delhi, March 17 -- Power Mech Projects share price jumped over 5% on Tuesday, March 17 after the firm after the company obtained a Rs.709.56 crore contract from Adani Infrastructure Management Services Ltd for operations and maintenance services at a significant thermal power facility in Maharashtra.

This contract encompasses operations and maintenance (O&M) services, including overhauls, for the 5x660 MW thermal power plant located in Tiroda, Maharashtra. The arrangement will be carried out under a KPI-based contract framework, as indicated in the company's regulatory announcement.

The project has been given to a domestic entity and is set to be executed over a five-year duration, from April 1, 2026, to March 31, 2031.

According t...