SPML Infra secures ₹1,128 cr contract for BESS project
pre-market1 source ↓written by the desknot a recommendation
- contract from NTPC
- ₹1,128 crore
- execution period
- 18-month
- of maintenance
- 15 years
SPML Infra has secured a ₹1,128 crore contract from NTPC to develop a 250 MW/1,000 MWh Battery Energy Storage System at Barauni Thermal Power Station in Bihar. The project will enhance grid stability and renewable integration over an 18-month execution period, followed by 15 years of maintenance.
This contract marks SPML's entry into large-scale BESS projects, potentially boosting its market position in the energy sector.
Not investment advice. For informational purposes only.