SPML Infra soars on securing Rs 1,128 crore contract from NTPC
SPML Infra is currently trading at Rs. 221.75, up by 8.10 points or 3.79% from its previous closing of Rs. 213.65 on the BSE.
The scrip opened at Rs. 222.00 and has touched a high and low of Rs. 234.95 and Rs. 221.00 respectively. So far 121590 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 321.70 on 01-Aug-2025 and a 52 week low of Rs. 152.25 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 234.95 and Rs. 168.00 respectively. The current market cap of the company is Rs. 1904.90 crore.
The promoters holding in the company stood at 40.19%, while Institutions and Non-Institutions held 15.47% and 44.35% respectively.
SPML Infra has secured Rs 1,128 crore contract to develop a 1 GWh Battery Energy Storage System (BESS) at NTPC’s Barauni Thermal Power Station in Bihar, marking the first large-scale grid Battery Energy Storage System project for SPML Infra.
Awarded by the National Thermal Power Corporation (NTPC), this project ranks among the largest single BESS orders awarded in India, signalling a defining moment not just for SPML Infra, but for the country's clean energy ambitions.
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 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. As India's power networks evolve, Battery Energy Storage Systems are fast becoming the backbone of a stable, responsive, and future-ready electricity grid.
