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Coal India bags BESS project from Gridco in Odisha

02 May 2026 Evaluate

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.

Coal India Share Price

481.35 1.70 (0.35%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 481.35
NMDC 90.33
GMDC 736.00
Sandur Manganese 210.55
MOIL 310.65
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