GRINFRANSEG R Infraprojects Limited· ConstructionHighPositive
Announced Thu, 23 Apr, 2026 · 15:01 IST

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) .'.

GRINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-2.0%Reaction day
₹890.05
prior close
₹880.55
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-1.8% vs market
Civil Construction peers, median of 103sector-0.3%-1.7% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.7 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 103Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.