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November 25,2024

HG Infra secured a ₹1110 Cr Contract from NTPC for 500 MW/1000 MWh BESS

HG Infra Engineering Ltd has secured a ₹1,110 cr contract from NTPC Vidyut Vyapar Nigam Ltd for the installation of 500 MW/1000 MWh Standalone BESS across India. The project aims to stabilize the grid and integrate Renewable Energy. Despite facing financial challenges, the company remains operationally efficient, with strong EBITDA and margins.

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