Enviro Infra Engineers Limited (EIEL) announced securing a significant Letter of Award (LOA) from NTPC Limited on March 28, 2026, for executing Battery Energy Storage Systems (BESS) projects. The EPC contract is valued at ₹664.33 Crores (excluding GST). The work involves implementing BESS at the Kudgi and Ramagundam thermal power stations, including 11 years of maintenance following an 18-month execution period.
Major Contract Award Notification
Enviro Infra Engineers Limited (EIEL) has officially confirmed receiving a substantial Letter of Award (LOA) from NTPC Limited on March 28, 2026. This award pertains to the execution of critical projects within the renewable segment, specifically involving the implementation of Battery Energy Storage Systems (BESS) in two different Indian states.
EPC Project Details and Scope
The awarded contract is structured on an Engineering, Procurement, and Construction (EPC) basis. The scope encompasses the full implementation of BESS technology at two major thermal power stations:
- Kudgi, Karnataka
- Ramagundam, Telangana
The engagement also includes providing Comprehensive Annual Maintenance services following the successful completion of performance testing.
Contract Value and Timeline
The broad consideration for this domestic order has been established at ₹664.33 Crores (excluding GST). The execution timeline is clearly defined:
- The EPC work (supply and services) must be completed within a period of 18 months from the date of commencement.
- This initial period will be succeeded by a Comprehensive Annual Maintenance period lasting 11 years after the successful completion of the Performance Guarantee (PG) Test.
Confirmation of Independence
EIEL confirms that the entity awarding the contract, NTPC Limited, is a Domestic entity. Furthermore, the company has affirmed that neither the promoter group nor any group companies hold any interest in the awarding entity, and the transaction does not fall under related party transactions.
Source: BSE