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SPML Infra has secured a landmark 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 a 15 years of operation and maintenance.

SPML Infra announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 16 May 2026.

SPML Infra has allotted 42,44,844 equity shares of face value of Rs. 2/ each at a price of Rs. 215/ per equity share including premium of Rs. 213/- per equity share, on preferential basis to Promoter Group and non-promoters upon exercise of rights attached to 42,44,844 warrants .

SPML Infra will hold a meeting of the Board of Directors of the Company on 23 April 2026.

SPML Infra has allotted 3,25,000 equity shares of face value of Rs. 2/- each on exercise of rights attached to 3,25,000 warrants.The said shares are allotted at a price of Rs. 215/- per equity shares including premium of Rs. 213/- on preferential basis to Niral Enterprises; a promoter group entity. Powered by Capital Market - Live News