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Analysis

Yadadri got an O&M contractor, not a new owner

TGGENCO’s ₹279.20-crore order covers coal, ash and specified O&M work at the 4,000 MW plant. The available record does not show a sale or transfer of Yadadri.

By Ctrl Alt DebateBusinessYadadri Bhuvanagiri
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A Telangana thermal power plant stands behind an oversized “NEW OWNER?” banner, which reveals a smaller O&M toolbox and a contract folder beside the gate.

The disclosed order covers operation and maintenance, not a transfer of Yadadri.

Illustration generated from an editorial brief

The Congress government has a privatisation headline for Yadadri Thermal Power Station. The documents currently available have something less dramatic: a three-year, ₹279.20-crore O&M contract awarded by Telangana Power Generation Corporation Limited to Power Mech Projects Limited.

The disclosed scope covers the ash-handling plant across all five units, the complete coal-handling plant, and mechanical, electrical, control and instrumentation work. The value excludes GST, with price variation applying in the second and third years. Yadadri is a 5×800 MW, or 4,000 MW, station. Power Mech has also worked on construction packages at the plant before, so this is not a stranger arriving with a suitcase.

What the available record does not show is an ownership transfer, sale, lease, concession, electricity-generation rights or transfer of the asset to Power Mech. Employee representatives have alleged that supervision could move away from TGGENCO engineers, but the tender, September 26 letter of intent, evaluation file and TGGENCO clarification are not publicly available in the material reviewed. The contractor has not publicly answered the allegations in the material reviewed. The Congress government has supplied a contract; the privatisation claim is still waiting for its paperwork.

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