HG Infra Engineering arm signs battery storage deal with NTPC Vidyut Vyapar Nigam Ltd

Jodhpur-based HG Infra Engineering Ltd announced that its wholly-owned subsidiary, HG Banaskantha Bess Private Ltd, has entered into a long-term battery energy storage purchase agreement with NTPC Vidyut Vyapar Nigam Ltd. The deal involves the procurement of 185 MW/370 MWH of battery energy storage capacity

According to the exchange filing made, we wish to inform you that H.G. Banaskantha Bess Private Limited, a wholly owned subsidiary of H.G. Infra Engineering Limited (the company) entered into a Battery Energy Storage Purchase Agreement with NTPC Vidyut Vyapar Nigam Limited on December 23, 2024 for Procurement of 185 MW/ 370 MWH On Long Term Basis.

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Shares of HG Infra Engineering Ltd ended at Rs 1,468.65, up by Rs 36.75, or 2.57% on the BSE.

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