GR Infraprojects terminates NTPC contract amid force majeure
after close1 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, citing force majeure and war risk. The company has invoked the dispute resolution mechanism and is assessing the financial impact of this decision. This move may affect ongoing projects and investor sentiment in the infrastructure sector.
Not investment advice. For informational purposes only.