Deals1 Jul 2025, 07:24 pm
CLN Energy Secures 107.91 Crore Tender from BSNL for Lithium-Ion Battery Supply
AI Summary
CLN Energy Ltd has achieved a significant milestone in its Lithium-Ion battery supply project for Bharat Sanchar Nigam Limited (BSNL), a leading telecom service provider in India. The first phase of the supply, valued at approximately 107.91 crores (PO Order 77 crores), was successfully dispatched. CLN is now progressing with the second phase, which is on track for completion by July 14, 2025. This win highlights CLN's technical capabilities and reinforces its commitment to supporting critical infrastructure with clean and reliable energy solutions.
Key Highlights
- CLN Energy secured a tender worth approximately 107.91 crores from BSNL for Lithium-Ion battery supply.
- The first phase of the supply, valued at 77 crores, was successfully dispatched.
- CLN is progressing with the second phase of the supply, which is on track for completion by July 14, 2025.
- This deal marks a significant milestone in CLN's pre-IPO journey.
- CLN's technical capabilities and commitment to clean and reliable energy solutions were highlighted through this win.