Deals30 Apr 2026, 10:21 pm
CIL bags ₹400 Cr GRIDCO order for 320 MWh BESS Plant
AI Summary
Coal India Ltd (CIL) has received a Letter of Award from GRIDCO LIMITED, Odisha, for setting up a 320 MWh (80 MW for 4 hours) Battery Energy Storage System (BESS) Plant. The project, estimated to cost ₹400 crore, will be developed in two clusters: Cluster-1 at Padampur and Bolangir, and Cluster-2 at Bhatli and Basta, with specific monthly tariffs. The domestic contract is to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement (BESPA).
Key Highlights
- CIL secured a domestic contract from GRIDCO Limited, Odisha.
- The order is for a 320 MWh (80 MW) BESS Plant.
- Estimated project cost is ₹400 crore.
- Project execution period is 18 months from BESPA signing.
- This marks CIL's entry into the energy storage sector.