G R Infraprojects Secures Rs. 413.37 Crore EPC Contract for BESS Implementation at NTPC Stations
G R Infraprojects Limited has announced the execution of a significant Engineering, Procurement and Construction Agreement (EPC) with NTPC Limited. The contract pertains to the installation of Battery Energy Storage System (BESS) units at various NTPC Thermal Power Stations.The agreement marks a major project for G R Infraprojects Limited, covering the 'EPC Package for BESS Implementation at NTPC Thermal Power Stations (Lot-1); Mouda Super Thermal Power Station (Mouda)'.
According to the details of the executed agreement, the contract involves a total value of Rs. 413.37 crore (exclusive of GST). The project mandates an Engineering, Procurement and Construction (EPC) approach and is set for completion within 15 months from the appointed date.
The material details of the EPC contract are summarized below:
| Project | Total Contract Price (INR in Cr.) | Mode | Completion Period |
|---|---|---|---|
| EPC Package for BESS Implementation at NTPC Thermal Power Stations (Lot-1); Mouda Super Thermal Power Station (Mouda) | Rs. 413.37 (exclusive of GST) | Engineering, Procurement and Construction (EPC) | 15 Months from the Appointed Date |
The signing of this EPC agreement solidifies G R Infraprojects Limited's position in the power sector, specifically focusing on crucial modern infrastructure development such as BESS implementation for NTPC.
GRINFRA Stock Price Movement
As of 3:04 PM, shares of G R Infraprojects Limited are slipping by 1.00% in live trading, currently marking ₹879.7. The stock is seeing significant intraday action, having processed a volume of 55,189 shares so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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