G R Infraprojects Ltd witnessed a sharp uptick in its share price, climbing 3% after the company announced a significant order win from NTPC Limited. The development has strengthened investor sentiment, reflecting confidence in the company’s growing presence in the energy infrastructure segment.
Key Details of the NTPC Order
According to the company’s regulatory filing under SEBI (LODR) norms, the contract has been awarded on an Engineering, Procurement, and Construction (EPC) basis.
The project involves the implementation of Battery Energy Storage Systems (BESS) at the Mouda Super Thermal Power Station. The scope of work includes end-to-end design, engineering, supply (Ex-Works India), installation, and comprehensive annual maintenance for the entire lifecycle of the system.
The total contract value stands at ₹413.37 crore (excluding GST), making it a notable addition to the company’s portfolio.
Project Scope and Execution Timeline
The awarded project is domestic in nature and is expected to be executed within a period of 15 months from the appointed date. It highlights G R Infraprojects’ capabilities in executing complex infrastructure and energy projects within defined timelines.
Importantly, the company clarified that there is no involvement of promoters or related party transactions in this deal, ensuring transparency and adherence to governance standards.