Coal India has received Letter of Award (LoA) from Gridco, Odisha, for setting up of 320 MWh (80 MW for 4 hours) Battery Energy Storage System (BESS) Plant in two Clusters. Cluster-1 at Padampur and Bolangir at Rs 3.04 lakh/ MW/Month tariff. Cluster-2 at Bhatli and Basta at Rs 3.05 lakh/ MW/Month tariff. The estimated project cost is Rs 400 crore. The said order is to be executed within 18 months from signing of BESPA (Battery Energy Storage Purchase Agreement).
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
| Company Name | CMP |
|---|---|
| Coal India | 481.35 |
| NMDC | 90.33 |
| GMDC | 736.00 |
| Sandur Manganese | 210.55 |
| MOIL | 310.65 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: