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.