SPML Infra Share Price Gains Over 4%; Secures ₹1,128 Crore Battery Energy Storage Project from NTPC

SPML Infra Limited has been awarded a significant contract valued at ₹1,128 crore to develop a 1 GWh Battery Energy Storage System (BESS) at NTPC Limited's Barauni Thermal Power Station in Bihar.  

This project marks SPML Infra's first large-scale grid Battery Energy Storage System initiative. 

Details of the SPML Infra Contract 

The contract, awarded by the National Thermal Power Corporation (NTPC), involves the supply, civil works, and erection of a 250 MW/1,000 MWh Battery Energy Storage System.  

The system will include 5 MWh DC containers equipped with a Battery Management System and Thermal Management System, 33 kV panel boards, 220 kV DC & AC cables, a 220 kV switchyard, and all associated accessories.  

The project is scheduled for completion over an 18-month period, followed by 15 years of operation and maintenance. 

Integration with Existing Infrastructure 

This project aims to integrate large-scale battery storage with existing thermal power infrastructure, enhancing peak load management, grid stability, and the efficient integration of renewable power sources.  

As India's power networks evolve, Battery Energy Storage Systems are becoming essential for a stable and responsive electricity grid. 

Read More: Coal India Share Price in Focus: 100 MW Solar Plant Commissioned in Gujarat! 

SPML Infra's Strategic Move 

Abhinandan Sethi, Managing Director of SPML Infra Limited, emphasised the importance of this project for the company. He stated that energy storage is now a core pillar of SPML Infra's growth strategy.  

The collaboration with NTPC on this project is seen as both a privilege and a responsibility. 

SPML Infra Share Price Performance 

As of May 06, 2026, at 10:27 AM, SPML Infra share price on NSE was trading at ₹223.01 up by 4.29% from the previous closing price. 

Conclusion 

The ₹1,128 crore contract for a 1 GWh Battery Energy Storage System at NTPC's Barauni Thermal Power Station signifies a major step for SPML Infra in the energy storage sector. This project aligns with India's clean energy ambitions and strengthens SPML Infra's position in the battery energy storage ecosystem. 

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