Rs 21,000 crore order book: Transmission Construction Company G R Infraprojects Emerges as L-1 Bidder for NTPC Battery Storage Project Worth Rs 487,77,77,777
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The shares of the company have a PE of 8.23x, an ROE of 12.2 per cent and an ROCE of 14 per cent. The stock is up 3 per cent from its 52-week low of Rs 902.05 per share.
G R Infraprojects Limited has announced that it has emerged as the lowest (L-1) bidder for a key energy storage infrastructure project floated by NTPC Limited. The tender pertains to the Engineering, Procurement, and Construction (EPC) Package for the implementation of a Battery Energy Storage System (BESS).
The project scope covers Lot-1 at the Mouda Super Thermal Power Station. According to the bid details, G R Infraprojects submitted a contract price of Rs 487,77,77,777. The execution period for the awarded scope is set at 15 months from the commencement date.
The BESS EPC project is part of NTPC’s broader push towards advanced storage technologies in support of India’s evolving energy strategy, enhanced grid stability, and renewable integration.
switchable line reactors and the construction of new 400 kV double-circuit transmission lines. This comprehensive project aims to enhance the region's power transmission infrastructure.
About the Company
Established in 1995, G R Infraprojects Ltd is an integrated road EPC company experienced in designing and constructing various road and highway projects across India. Primarily focused on civil construction through EPC and BOT models in the road sector, GRIL has designed and built over 100 road projects across numerous states. Its core business includes EPC, BOT, and HAM projects in roads, as well as EPC in Railway, metro, airport runways, and OFC; the company has also diversified into power transmission and manages 10 operational assets.
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According to the financials, GR Infraprojects Ltd has a market cap of over Rs 9,800 crore and the order book as of September 31, 2025, stands at Rs 21,000 crore. The company reported positive numbers in its Quarterly Results (Q1FY26) and annual results (FY25). The shares of the company have a PE of 8.23x, an ROE of 12.2 per cent and an ROCE of 14 per cent. The stock is up 3 per cent from its 52-week low of Rs 902.05 per share.
Disclaimer: The article is for informational purposes only and not investment advice.