SPML Infra Secures Rs. 1,128 Crore Contract to Develop 1 GWh Battery Energy Storage System from NTPC
SPML Infra Limited, a leading infrastructure developer, has secured a significant contract valued at Rs. 1,128 crore to develop a large-scale Battery Energy Storage System (BESS). The project, awarded by the National Thermal Power Corporation (NTPC), involves establishing a 1 GWh BESS at NTPC Limited's Barauni Thermal Power Station in Bihar. This contract marks the first large-scale grid BESS project for SPML Infra.The award from NTPC places this project among the largest single BESS orders in India, positioning SPML Infra at the forefront of the country's clean energy infrastructure development.
The scope of work required for the project includes the supply, civil works, and erection of the Battery Energy Storage System. The project specifications are detailed as follows:
| Component | Specification |
|---|---|
| Capacity | 250 MW / 1,000 MWh |
| System Structure | Comprising 5 MWh DC containers |
| Management Systems | Battery Management System (BMS) and Thermal Management System (TMS) |
| Electrical Components | 33 kV panel boards, 220 kV DC & AC cables, 220 kV switchyard, and associated accessories |
The operational timeline for the BESS project is substantial, involving an execution period of 18 months, followed by a guaranteed operational and maintenance period of 15 years.
The successful integration of this large-scale battery storage will enable the seamless connection of battery storage with existing thermal power infrastructure. This capability is vital for enhancing grid stability, managing peak load, and supporting the efficient integration of renewable power sources into the grid.
Abhinandan Sethi, Managing Director of SPML Infra Limited, commented on the development, stating that the order represents a defining moment for the company and its commitment to the large-scale battery energy storage sector. He emphasized that energy storage will define India's future power landscape, stating, "We are here to build the grid India needs - flexible, stable, and built for scale."
This achievement reinforces SPML Infra's strategic focus on energy storage infrastructure. The company is committed to developing cutting-edge battery energy storage solutions, advancing its role in India's rapidly expanding battery energy storage ecosystem.
SPMLINFRA Stock Price Movement
Shares of SPML Infra Limited are edging higher as of 10:14 AM today, rallying 6.62% and currently trading at ₹227.98. The stock’s positive momentum is supported by significant buying interest, with a volume exceeding 1.66 million shares in the live market.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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