Corporate Actions
SPML Infra surges after bagging Rs 1128 crore BESS project from NTPC

06-May-26   13:58 Hrs IST

The company further said that this project ranks among the largest single BESS orders awarded in India.

The scope of work included supply, civil works, and erection of 250 MW/1,000 MWh battery energy storage system (BESS) comprising 5 MWh DC containers with battery management system (BMS) and thermal management system (TMS), 33 kV panel boards, 220 kV DC & AC cables, 220 kV switchyard and all associated accessories.

The project will be executed over an 18-months period followed by a 15 years of operation and maintenance.

The project will seamlessly integrate large-scale battery storage with existing thermal power infrastructure enabling peak load management, grid stability, and efficient integration of renewable power.

Abhinandan Sethi, managing director, SPML Infra, said: 'This order marks a defining moment for SPML Infra, a firm commitment to the large-scale battery energy storage sector.

Energy storage will define how India powers its future, and we intend to be architects of that transformation.'

SPML Infra is a infrastructure development company with over four decades of expertise across power, water, environment, and technology sectors.

The company's consolidated net profit rose 104.63% to Rs 20.34 crore on a 22.30% increase in revenue to Rs 229.76 crore in Q4 FY26 as compared with Q4 FY25.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.