From The Economic Times · ANI · · 1m 30s
NTPC terminates Rs 413 crore battery storage contract
India's largest power company pulls the plug on a major energy storage project after contractor fails to deliver.
In brief
India's largest power company pulls the plug on a major energy storage project after contractor fails to deliver. NTPC terminated a 413 crore rupee battery storage contract with GR Infraprojects due to project delays and failure to meet contractual obligations, and will re-tender the project at the contractor's cost…
NTPC cancels 413 crore battery project
NTPC terminated a Rs 413.37 crore contract with GR Infraprojects for a 400 MWh Battery Energy Storage System at Mouda Super Thermal Power Station in Maharashtra due to contractor default and project delays.
Contract awarded in March 2026
The contract was awarded in March 2026 with a 15-month completion deadline, but GR Infraprojects failed to meet critical milestones and ignored NTPC's corrective action notice.
NTPC encashes Rs 91 crore security
Following termination, NTPC recovered approximately Rs 91 crore in available securities as per contractual provisions.
Project to be re-tendered
NTPC has initiated the re-tendering process at GR Infraprojects' risk and cost, with priority measures to facilitate early re-award and timely implementation.
Battery storage supports renewable energy
The Mouda BESS project strengthens grid flexibility and supports renewable energy integration, making it critical for NTPC's broader storage deployment strategy.
NTPC expanding battery storage capacity
The company is pursuing BESS projects across multiple locations as energy storage becomes crucial for balancing renewable-heavy power systems alongside conventional generation assets.
What it means
NTPC terminated a 413 crore rupee battery storage contract with GR Infraprojects due to project delays and failure to meet contractual obligations, and will re-tender the project at the contractor's cost.
