G R Infraprojects Limited has received the Letter of Acceptance from the National Highways Authority of India for a major highway upgradation project worth ₹1453.57 crores. The company announced this development through a regulatory filing under SEBI Regulation 30, confirming the formal award of the National Highway-56 project in Gujarat.

Project Award Details

The Letter of Acceptance was issued by NHAI, formally awarding the contract for upgradation of existing two-lane carriageway to four-lane divided carriageway on NH-56 in Gujarat. The project spans 60.21 kilometers from Nasarpore Village in Umarpada Taluka to Malotha Village in Vyara Taluka.

Contract Structure and Execution

The project will be executed under the Hybrid Annuity Mode (HAM), which combines elements of both Engineering, Procurement and Construction (EPC) and Build-Operate-Transfer (BOT) models. The company has been allocated 910 days from the appointed date to complete the highway upgradation work. The contract represents a domestic infrastructure development initiative with no related party transactions involved.

Regulatory Compliance and Disclosure

In accordance with SEBI regulations, G R Infraprojects has confirmed that neither the promoter, promoter group, nor group companies have any interest in the entity that awarded the contract. The company has committed to providing updates on any further developments related to this project and maintains compliance with all listing obligations and disclosure requirements.

Strategic Impact

This formal contract award strengthens G R Infraprojects' position in the highway infrastructure sector. The substantial project value of ₹1453.57 crores and strategic location on NH-56 in Gujarat demonstrate the company's capability to secure and execute major infrastructure contracts through competitive bidding processes, significantly enhancing its order book and future revenue pipeline.

G R Infraprojects Limited has secured a major contract from NTPC Limited for implementing Battery Energy Storage Systems (BESS) at thermal power stations. The company received the Notification of Award on March 28, 2026, for the EPC package worth ₹413.37 crores, excluding GST.

Project Details and Scope

The contract encompasses comprehensive engineering, procurement, and construction services for BESS implementation at Mouda Super Thermal Power Station. The scope includes services, Ex-Works (India) supply, and comprehensive annual maintenance for the entire design life of the BESS system.

Contract Specifications

The project falls under Lot-1 of NTPC's EPC Package for BESS Implementation at NTPC Thermal Power Stations, specifically targeting the Mouda facility. The contract is structured on an EPC basis, ensuring G R Infraprojects takes complete responsibility for the project's execution from design to commissioning.

Key aspects of the contract include:

• Complete battery energy storage system implementation
• Comprehensive maintenance services throughout the system's design life
• Ex-Works supply arrangements within India
• Integration with existing thermal power station infrastructure

Regulatory Compliance and Disclosure

G R Infraprojects made this disclosure in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30. The company confirmed that no promoter, promoter group, or group companies have any interest in NTPC Limited, and the contract does not fall within related party transactions.

The notification was signed by Company Secretary Sudhir Mutha and communicated to both BSE Limited and National Stock Exchange of India Limited on March 29, 2026. This contract represents a significant addition to G R Infraprojects' portfolio in the energy storage sector, demonstrating the company's expanding capabilities in renewable energy infrastructure projects.