The contract is scheduled to be completed within 15 months from the appointed date.

The company clarified that neither its promoters nor group entities have any interest in the awarding authority, confirming that the deal does not fall under related-party transactions.

G R Infraprojects is engaged in the construction of infrastructure facilities on an engineering, procurement, and construction (EPC) and build, operate, and transfer (BOT) basis. The company's standalone net profit jumped 37.70% to Rs 232.15 crore in Q3 FY26 as against Rs 168.59 crore in Q3 FY25. Revenue from operations rose 35.91% YoY to Rs 2,039.49 crore in the quarter ended 31 December 2025. The scrip added 0.87% to Rs 813 on the BSE.

NTPC, along with its subsidiaries/associates & JVs, is primarily involved in the generation and sale of bulk power to state power utilities. Other business of the group includes providing consultancy, project management & supervision, energy trading, oil & gas exploration, and coal mining. The company reported an 8.27% increase in consolidated net profit to Rs 5,597.05 crore, supported by a 1.72% rise in net sales to Rs 45,845.68 crore in Q3 FY26 over Q3 FY25. The counter shed 0.39% to Rs 374.45 on the BSE.

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