NTPC terminates ₹413 crore BESS contract as contractor fails to meet obligations, achieve progress

State-owned power producer NTPC Ltd informed that it has terminated the contracted awarded to GR Infraprojects Ltd (GRIL) for building the 400 Megawatt-hour (MWh) battery energy storage system (BESS) project at its Mouda Super Thermal Power Station (Maharashtra) citing the latter’s inability to meet their contractual obligations and achieve required project progress.

The project – with a contract value of ₹413.37 crore – was awarded in March this year and was scheduled to be completed within fifteen months.

The contract stands terminated with immediate effect.

Explaining the cause for terminating the contract, NTPC stated, “The project witnessed significant delay in critical activities. A contractual notice was issued to GRIL calling for immediate corrective action, but GRIL failed to undertake the required remedial measures.”