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Power Mech Projects Ltd announced that its subsidiary, PM Green Private Ltd, has received a ₹3,126 crore order from West Bengal State Electricity Distribution Company Ltd (WBSEDCL) for a 250 MW / 1,000 MWh Battery Energy Storage System (BESS) at Goaltore, West Bengal. The order includes a 100% off-take guarantee and a greenshoe option for an additional 250 MW/1,000 MWh at Durgapur.

The project will follow a build-own-operate model and covers design, finance, engineering, procurement, construction, operation, and maintenance. Commissioning is expected within 18 months from the Battery Energy Storage Purchase Agreement signing, with a subsequent 180-month operation period. Power Mech Projects reported an 11.7% increase in net profit to ₹74.92 crore for Q2 FY25, alongside a 19.5% revenue rise to ₹1,237.8 crore.