GR Infraprojects terminates NTPC contract amid force majeure
pre-market1 source ↓written by the desknot a recommendation
GR Infraprojects Ltd has terminated its EPC contract with NTPC Ltd for the Battery Energy Storage System at Mouda Super Thermal Power Station due to force majeure and war risk. The company has invoked the dispute resolution mechanism and is currently assessing the financial impact of this termination. This move may affect future project timelines and investor sentiment.
Not investment advice. For informational purposes only.