G R Infraprojects Limited has informed the Exchange about receipt of notification of award for a project.

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF

GRINFRA · price

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+4.0%1-day move

₹802.95

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₹830.35

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AI summary

G R Infraprojects has received a Letter of Award dated 28th March 2026 from NTPC Limited for an EPC project to set up Battery Energy Storage Systems (BESS) at the Mouda Super Thermal Power Station. The order is worth Rs. 413.37 crores (excluding GST) and includes supply, services, and comprehensive annual maintenance for the design life of the system. The project is to be completed within 15 months from the appointed date. The order is domestic, awarded on an EPC basis, and there is no related-party interest involved.

Likely market impact

This is a positive development as the order from a strong government PSU (NTPC) strengthens revenue visibility and marks the company's entry/expansion in the growing BESS (energy storage) segment. Shareholders can view this as a healthy order inflow supporting the order book, though it is a single project and not transformational in size.