Date: 16th September 2026
Board Meeting Outcomes
- The Company has issued a notice of termination to NTPC Limited regarding EPC Contract Agreements for BESS Implementation at NTPC Thermal Power Stations (Lot-1); Mouda Super Thermal Power Station (Mouda)
- Termination is effective immediately
- The Company cites continuing Force Majeure and War Risk circumstances along with contractual issues arising from contractual provisions as reasons for termination
- The Company has invoked the applicable dispute resolution mechanism
- The Company has reserved its rights and remedies under the Contract Agreements
- The financial impact of the termination is presently being assessed
Contract Details
Parties Involved: M/s G R Infraprojects Limited and NTPC Limited
Nature of Contracts: Agreements for execution of EPC Package for BESS Implementation at NTPC Thermal Power Stations (Lot-1); Mouda Super Thermal Power Station (Mouda)
Specific Contract Agreements:
- Contract Agreement bearing No. CS-9575-171A-9-FC-COA-7978
- Contract Agreement bearing No. CS-9575-171A-9-SC-COA-7979
- Contract Agreement bearing No. CS-9575-171A-9-TC-COA-7980
Original Execution Date: 23rd April 2026