GR Infraprojects Bags ₹413.37 Crore EPC Contract from NTPC
G R Infraprojects Limited received a Notification of Award from NTPC Limited for an EPC project at Mouda Super Thermal Power Station. The contract is valued at ₹413.37 Crores (excluding GST) and is for the implementation of Battery Energy Storage Systems (BESS). Execution is expected within 15 months.
The order value of ₹413.37 Crores is substantial and will contribute to the company's revenue and growth, but it does not represent a transformative change in the company's scale.
The company has secured a significant new order, which is a positive development for its business.
G R Infraprojects Limited has announced that it has received a Notification of Award from NTPC Limited for the project “EPC Package for BESS Implementation at NTPC Thermal Power Stations (Lot-1); Mouda Super Thermal Power Station (Mouda)”.
The contract is on an Engineering, Procurement, and Construction (EPC) basis and involves the implementation of Battery Energy Storage Systems (BESS) at the Mouda Super Thermal Power Station. This includes services, Ex-Works (India) Supply, and Comprehensive Annual Maintenance for the entire design life of the BESS system.
The contract is awarded by a domestic entity, NTPC Limited, and is expected to be executed within 15 months from the Appointed Date. The broad consideration for this order is ₹413.37 Crores, excluding GST.
GR Infraprojects confirms that its promoter, promoter group, or group companies do not have any interest in NTPC Limited, and the contract does not fall within related party transactions.
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G R Infraprojects Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by G R Infraprojects Limited. Read the original for the full detail.