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An announcement from G R Infraprojects Ltd. ( (IN:GRINFRA) ) is now available.
G R Infraprojects has received a notification of award from NTPC Limited for an EPC package to implement a Battery Energy Storage System at Mouda Super Thermal Power Station. The domestic contract, valued at Rs. 413.37 crore excluding GST, covers supply, services and comprehensive annual maintenance for the full design life of the BESS and is to be executed within 15 months.
The award signals G R Infraprojects’ growing presence in energy infrastructure beyond traditional construction, aligning it with the power sector’s shift toward grid flexibility and storage solutions. The project also underscores NTPC’s push to integrate battery storage at thermal assets, with potential operational benefits for both companies and implications for future EPC opportunities in the emerging BESS segment.
More about G R Infraprojects Ltd.
G R Infraprojects Limited operates in the infrastructure and engineering sector, focusing on engineering, procurement and construction (EPC) projects. The company undertakes large-scale contracts across India, increasingly participating in energy-related infrastructure, including advanced storage solutions for power utilities.
Average Trading Volume: 17,601
Technical Sentiment Signal: Sell
Current Market Cap: 77.98B INR
For a thorough assessment of GRINFRA stock, go to TipRanks’ Stock Analysis page.