G R Infraprojects Wins Rs 413.37 crore BESS EPC Contract with NTPC
Verified article - details checked for accuracy.
G R Infraprojects lands a Rs 413.37 crore BESS EPC contract with NTPC, marking its entry into the fast‑growing energy‑storage market.
- The EPC deal, valued at Rs 413.37 crore (ex‑GST), covers design, Ex‑Works supply, installation and a full‑life annual‑maintenance program for a battery energy storage system at NTPC’s Mouda Super Thermal Power Station, to be finished within 15 months.
- It is projected to add roughly Rs 400 crore to FY‑27 revenue, with a 15‑20% gross‑margin range typical for BESS EPC contracts.
- Winning work from NTPC Limited, India’s largest power generator, gives G R Infraprojects credibility and a foothold in the high‑growth BESS segment, diversifying its portfolio beyond traditional thermal‑plant EPC projects.
- Execution risks—tight timeline and upfront battery purchases—are mitigated by the firm’s seasoned project‑management team and financing options such as vendor credit or milestone‑linked payments.
- The accompanying maintenance service will generate a recurring income stream after installation, bolstering earnings stability in the medium to long term.
Complete ArticleExclusive Frism Intelligence Report
Frism is a financial information and news discovery platform. We provide factual summaries and data correlations for educational and informational purposes only. Frism does not provide investment advice, buy/sell recommendations, or directional market outlooks. Users should consult a qualified financial advisor before making any investment decisions.