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EnergyInfrastructureHigh impactAfter close

Coal India secures ₹1,057 crore contract for BESS plant

after close1 source ↓written by the desknot a recommendation

contract from Telangana
₹1,057.09 crore
Battery Energy Storage
750 MWh
from signing
18 months

Coal India Limited has secured a ₹1,057.09 crore contract from Telangana Power Generation Corporation for a 750 MWh Battery Energy Storage System plant at Choutuppal. The project aims to enhance the company's diversification strategy and is expected to be executed within 18 months from signing the BESPA.

This development may positively impact Coal India's market position as it expands into renewable energy solutions, aligning with the growing demand for energy storage solutions in India.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 29 Mar 2026, 16:03 IST.

Sourcesnews.google.com

The market after the news

COALINDIA closed +1.2% on the day of the news, from ₹445.05 to ₹450.45; Nifty −2.1% over the same session; futures OI −1.4%.

Bulletin at 16:03 IST on 29 Mar 2026. Every change is measured from ₹445.05, the last close before it, on 27 Mar. Nifty 50 is measured over the same sessions.

  • COALINDIA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
COALINDIA closes around the bulletin against the close before the news, with Nifty 50 rebased to it411.05445.05479.05axis spans 17%before the news · 27 Mar445.05Nifty 50COALINDIAbulletinD0+1+3+520 Mar6 Apr16 AprFutures open interest, lotspeak 52,000Reference close ₹445.05. 16 sessions from 20 Mar to 16 Apr; the price axis spans 17 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Mar₹445.05basebase
On the day30 Mar₹450.45▲ +1.2%▼ −2.1%+3.4 pp difference
+1 session1 Apr₹449.40▲ +1.0%▼ −0.6%+1.6 pp difference
+3 sessions6 Apr₹459.55▲ +3.3%▲ +0.7%+2.6 pp difference
+5 sessions8 Apr₹449.25▲ +0.9%▲ +5.2%−4.2 pp difference
Gap at the open, % · ₹
0.0%0.00 on 30 Mar
Day's range, % · ₹
3.8%≈ 17 high to low
Volume on the day
1.32×the 20-session average
Futures OI on the day
▼ −1.4%−610 lots · short covering · price +1.2%
Futures OI open, lots
44,00030 Mar · 30 Mar expiry
Futures premium, ₹
+0.55+0.1% to spot
Puts per call, by OI
0.65from 0.67 the session before
Max pain
450from 450 the session before

Source NSE UDiFF bhavcopy · COALINDIA on the desk →

Thread · COALINDIAAll COALINDIA bulletins →

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