SPML Infra Ltd. secured a ₹1,128-crore contract from NTPC Ltd. to develop a 1 GWh Battery Energy Storage System (BESS) at NTPC's Barauni Thermal Power Station in Bihar. According to reports from CNBC TV18, this marks the company's first large-scale grid Battery Energy Storage System project and represents one of the largest single BESS orders awarded in India. The project will be executed over an 18-month period, followed by 15 years of operation and maintenance.
The scope of work includes supply, civil works and erection of a 250 MW/1,000 MWh Battery Energy Storage System comprising 5 MWh DC containers equipped with Battery Management System (BMS) and Thermal Management System (TMS), along with 33 kV panel boards, 220 kV DC and AC cables, a 220 kV switchyard and associated accessories. As reported by CNBC TV18, the project will integrate large-scale battery storage with existing thermal power infrastructure to support peak load management, grid stability and renewable energy integration. The battery energy storage system will be integrated with the existing thermal power infrastructure at NTPC's Barauni Thermal Power Station to support peak load management, improve grid stability, and facilitate efficient integration of renewable energy into the power network.
According to CNBC TV18, Abhinandan Sethi, Managing Director of SPML Infra, described this order as marking a defining moment for SPML Infra, representing a firm commitment to the large-scale battery energy storage sector. Sethi stated that energy storage will define how India powers its future, and the company intends to be architects of that transformation. The infrastructure company said the order strengthens its strategic push into energy storage infrastructure and advances its partnership with technology provider Energy Vault Holdings Inc. for battery energy storage solutions in India. The development is seen as a significant step in strengthening India's clean energy infrastructure and grid stability initiatives.
Shares of SPML Infra rose following the order win and were trading at ₹223.61, up 4.57% on Wednesday, May 6. As reported by CNBC TV18, the stock has jumped 28% over the past month and more than 33% in the last one year, reflecting strong investor confidence in the company's energy storage capabilities and strategic partnerships.
