GR Infraprojects Receives LOI for Transmission System in Madhya Pradesh
The new order is significant and is likely to have a moderate positive impact on the company's revenue and future prospects.
The announcement details a new project secured by the company, which is generally perceived as positive news.
* G R Infraprojects Limited has received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited on 27th August 2025. * The LOI is for the establishment of a transmission system for evacuation of power from RE Projects in Rajgarh (1500 MW) SEZ and Neemuch (1000 MW) SEZ in Madhya Pradesh through Tariff Based Competitive Bidding (TBCB). * The project includes: * Establishment of 2x500 MVA, 400/220 kV S/s at Handiya along with 2x125 MVAr 420 kV Bus Reactor. Annual Transmission Charges are ₹367.073 crore (₹3,670.73 Million) and O&M period is 35 years under BOOT mode with scheduled completion in 24 months from SPV acquisition. * Creation of New 220 kV Bus Section-II at Neemuch PS with Augmentation of transformation capacity by 3x500 MVA, 400/220 kV ICTs (3rd, 4th & 5th) at Neemuch S/s along with associated bays. * Construction of 4 Nos. 220 kV Line bays at Neemuch PS for RE interconnection. * Creation of New 220 kV Bus Section (3rd) with 220 kV Bus Sectionaliser and 400/220 kV, 3x500 MVA ICT augmentation (7th, 8th & 9th). * 3 Nos. 220 kV line bays for RE interconnection. * 1 Nos. 220 kV line bay for RE Interconnection of Purvah Green Power Pvt. Ltd. * Installation of 1x125 MVAR, 420 kV bus reactor at Pachora PS (400 kV Bus Section-II). * 400 kV line bays: 4 Nos. (2 at Rajgarh(PG) & 2 at Pachora PS). * 420 kV, Switchable Line Reactors (Sw LRs): 4 Nos. (2 at Rajgarh(PG) & 2 at Pachora PS). * Switching equipment for 400 kV line reactor – 4 Nos. (2 at Rajgarh(PG) & 2 at Pachor PS). * 400 kV D/c line (Quad ACSR/ AAAC/ AL59 Moose equivalent) along with associated line bays at both ends and 50 MVAr Switchable Line Reactors (Sw LR) on each ckt at both ends. * 400 kV D/c line (Quad ACSR/ AAAC/ AL59 Moose equivalent) along associated Line bays and 50 MVAr Switchable Line Reactor (Sw LR) on each ckt at both ends. * 400 kV D/c line (Quad ACSR/ AAAC/ AL59 Moose equivalent) along with associated bays at Pachora PS end and 50 MVAr Switchable Line Reactor (Sw LR) on each ckt at both ends. * 400 kV D/c (Twin Moose) line at Handiya S/s
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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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