Sungarner Energies Secures Contract from NTPC Mining for BESS Development in TLCMP Township
Sungarner Energies Limited has secured a contract with NTPC Mining Limited to handle the EPC package and subsequent Operation and Maintenance (O&M) of a Battery Energy Storage System (BESS) at the TLCMP Township. The order, awarded through Government e-Marketplace, covers the development and execution of the energy storage project for the client.The contract involves comprehensive work, including design, engineering, supply, transportation, civil works, erection, testing, commissioning, and performance guarantee (PG) testing of the 500 kW/2.5 MWh BESS. The scope also includes integration with an existing 1 MW Solar PV plant and the 11 KV system at TLCMP Township. Following the successful PG test, Sungarner Energies will be responsible for O&M for a period of three years.
The project involves a total consideration amount of Rs. 5,29,98,499/-. The engagement is with a domestic entity and has no relation to any related party transactions.
Key details regarding the contract award are summarized below:
| Particulars | Details |
|---|---|
| Entity Awarding Contract | NTPC Mining Limited |
| Nature of Order | EPC package for Development of BESS in TLCMP Township along with O&M |
| Consideration/Size of Order | Rs. 5,29,98,499 /- |
| Execution Timeline | 10 months for installation and commissioning; followed by PG Test and 3 years of O&M |
| Project Scope | Design, engineering, supply, civil works, erection, testing, commissioning, and O&M of a 500 kW/2.5 MWh BESS, integrated with 1 MW Solar PV plant and 11 KV system. |
SEL Stock Price Movement
Sungarner Energies Limited rallied today, with shares climbing 3.83% to settle at ₹314.80 in the post-market session. The stock demonstrated strong bullish momentum throughout the day, trading 31,400 shares as it approached its 52-week high and outperformed its opening price of ₹300.55.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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