Prostarm Info Systems Limited — Important, 08-08-2025: Updates

Prostarm Info Systems has bagged a key Letter of Award from Bihar State Power Generation Company Limited. The deal involves establishing a 30MW/120 MWh standalone Battery Energy Storage System (BESS) in Bihar under a 12-year BOOT model with Viability Gap Funding. This project is set to generate a substantial yearly rental of Rs. 15.98 Crore, promising a significant recurring revenue boost for the company. This strategic win underscores Prostarm's expanding footprint in the crucial energy storage market.