G R Infraprojects Limited has informed the Exchange regarding 'Execution of the EPC Agreement for project EPC Package for BESS Implementation at NTPC Thermal Power Stations (Lot-1); Mouda Super Thermal Power Station (Mouda) .'.
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G R Infraprojects has signed an EPC contract with NTPC Limited for implementing a Battery Energy Storage System (BESS) at the Mouda Super Thermal Power Station in Maharashtra. The contract value is Rs. 413.37 crore (excluding GST) and the project must be completed within 15 months from the Appointed Date. This marks GR Infra's entry into the energy storage segment as an EPC contractor for NTPC, one of India's largest power generation companies. The company continues to diversify its infrastructure portfolio beyond road construction into power sector projects.
This contract provides revenue visibility for GR Infra over the next 15 months. While the order value is significant, it represents a new sector diversification rather than core infrastructure work. The company's expansion into energy storage (BESS) projects with a PSU like NTPC is a positive development for order book growth.