Order Execution / Contract Award

G R Infraprojects executes ₹413 Cr EPC contract for BESS project at NTPC

NSE

grinfra

BSE

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G R Infraprojects Limited has executed an EPC agreement worth ₹413.37 crore with NTPC for Battery Energy Storage System (BESS) implementation at Mouda Super Thermal Power Station.

PRICE-SENSITIVE TRIGGER

Event: Execution of EPC agreement

Type: Order Execution / Contract Award

Impact: Positive

Immediate Effect: Adds to order book and strengthens presence in emerging energy storage segment

Key Metrics:

Contract Value: ₹413.37 crore (ex-GST)
Project Type: BESS (Battery Energy Storage System)
Execution Mode: EPC (Engineering, Procurement & Construction)
Completion Timeline: 15 months

Highlight:

Entry into energy storage EPC segment with NTPC project

What Happened ?

G R Infraprojects has signed an EPC agreement with NTPC Limited for implementing a Battery Energy Storage System (BESS) at the Mouda Super Thermal Power Station.

key highlights

Project Overview:

Client: NTPC Limited
Location: Mouda Super Thermal Power Station
Scope:
- Engineering
- Procurement
- Construction of BESS infrastructure

Strategic Importance:

Expands into energy storage segment
Aligns with renewable + grid stability trends
Strengthens relationship with NTPC (key PSU client)

Execution Details:

Contract signed on April 23, 2026
Timeline: 15 months from appointed date

Business Impact:

Diversifies beyond traditional road EPC
Positions company in future energy infrastructure

Note:

This is a confirmed EPC contract (execution stage), not just L1.

Risk Analysis

Key Risks

Execution challenges in new segment (BESS)
Technology integration risks
Margin pressure in EPC contracts
Dependency on timely completion

Worst Case Scenario

Delays or execution inefficiencies could impact profitability and project margins

Risk Level: Medium

Company Commentary

EPC agreement executed with NTPC
Focus on energy storage infrastructure
Strengthening diversified EPC portfolio

Official Exchange Filing: G R Infraprojects Limited