Now Reading: NTPC terminates Rs 413 crore BESS contract at Mouda station
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NTPC terminates Rs 413 crore BESS contract at Mouda station
NTPC Ltd has terminated a Rs 413.37 crore contract awarded to GR Infraprojects Ltd for a 400 MWh battery energy storage system at its Mouda Super Thermal Power Station in Maharashtra. The…
NTPC Ltd has terminated a Rs 413.37 crore contract awarded to GR Infraprojects Ltd for a 400 MWh battery energy storage system at its Mouda Super Thermal Power Station in Maharashtra. The state-owned power producer cited failure to meet contractual obligations and achieve required project progress. NTPC said the project saw significant delays in critical activities and that GRIL did not take corrective action after a contractual notice.
NTPC has encashed approximately Rs 91 crore from bank guarantees in line with contractual provisions. The contract, awarded in March 2026, was scheduled for completion within 15 months. NTPC said it has re-initiated re-tendering of the project at the risk and cost of GRIL and is taking measures to facilitate early re-award and timely implementation.
Indian Opinion Analysis
All three sources report NTPC's stated reasons for terminating the Rs 413 crore BESS contract: delays and failure to remedy. The coverage is uniform, straight reporting with no discernible slant. NTPC has already encashed Rs 91 crore in bank guarantees and begun re-tendering the project. The key implication is the timeline: the 15-month completion clock reset means the Mouda storage system, critical for grid flexibility as renewable energy share grows, faces at least a year of further delay.
Coverage: 3 sources, 3 neutral
Sources (3): ndtvprofit.com (neutral report), thehindu.com (neutral report), energy.economictimes.indiatimes.com (neutral report)
This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry.
Updated: this story now draws on 3 sources.
