Crompton Greaves has secured a ₹4.45 billion EPC contract from NREDCAP, marking a major win in India’s renewable energy infrastructure push. The award strengthens Crompton’s position in the clean energy space and reflects growing momentum in public-private partnerships for sustainable development. Regulatory filings confirm the contract details.
Crompton Greaves Consumer Electricals Ltd has announced a significant milestone with the award of an Engineering, Procurement, and Construction (EPC) contract worth ₹4.45 billion from the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP). The development was disclosed via corporate filings with BSE and NSE dated October 24, 2025.
Major Takeaways:
Contract Scope:
The EPC contract involves turnkey execution of renewable energy infrastructure projects, including design, supply, installation, and commissioning.
Strategic Importance:
The award aligns with Crompton’s strategy to expand its footprint in India’s clean energy sector and diversify beyond consumer electricals.
Public-Private Collaboration:
NREDCAP’s partnership with Crompton underscores the state’s commitment to accelerating renewable energy adoption through trusted private players.
Revenue Impact:
The ₹4.45 billion contract is expected to contribute meaningfully to Crompton’s order book and topline growth in FY26.
Execution Timeline:
Project timelines and implementation phases will be detailed in subsequent updates, with initial mobilization expected to begin shortly.
This contract win reinforces Crompton Greaves’ evolution into a key player in India’s energy transition narrative.
Sources: BSE Corporate Filings, NSE Circulars (dated October 24, 2025).