New Delhi, Sept. 19 -- NTPC Ltd has terminated the contract awarded to M/s GR Infraprojects Limited (GRIL) for the 400-MWh Battery Energy Storage System (BESS) project at Mouda Super Thermal Power Station, Maharashtra, due to the contractor's failure to meet its contractual obligations and achieve the required progress.
The project, awarded in March 2026 at a total contract value of Rs 413.37 crore, is a strategically important BESS project and was scheduled for completion within 15 months in line with national energy objectives, however, the project witnessed significant delays in critical activities. A contractual notice was issued to GRIL calling for immediate corrective action, but GRIL failed to undertake the required remedial measures.
Accordingly, NTPC has terminated the contract with immediate effect and, in line with contractual provisions, has encashed available securities amounting to about Rs 91 crore. The project remains a key initiative to strengthen grid flexibility and support renewable energy integration. NTPC has already initiated action for re-tendering the project at the risk and cost of GRIL, in accordance with the applicable contractual provisions. NTPC is taking necessary measures to facilitate the early re-award and timely implementation of the project.
Published by HT Digital Content Services with permission from Millennium Post.