Coal India wins 750 MWh BESS project in Telangana
Author: PPD Team Date: March 30, 2026
Author: PPD Team Date: March 30, 2026
Coal India Limited (CIL) has received a Letter of Award (LOA) from Telangana Power Generation Corporation Limited (TSGENCO) for setting up a 750 MWh battery energy storage system (BESS) at Choutuppal.
The project has a power capacity of 187.5 MW with four hours of storage. It is estimated to cost Rs 1,057.09 crore and has been awarded at a tariff of Rs 3.14 lakh per MW per month.
CIL is required to submit the necessary documents within 15 days of the LOA, after which the BESS agreement will be executed. The project has an implementation timeline of 18 months from the date of signing.
The Choutuppal project adds to CIL’s recent activity in the energy storage segment. The company, along with Onward Solar Power, earlier secured projects under a Solar Energy Corporation of India (SECI) auction for six standalone BESS projects in Odisha with a total capacity of 125 MW/500 MWh.
Separately, CIL’s board has approved a corporate guarantee of up to Rs 3,160 crore for CIL Rajasthan Akshay Urja Limited (CRAUL). The guarantee will support the development of an 875 MW solar photovoltaic (PV) power plant in Rajasthan.
The featured photograph is for representation only.
Author: PPD Team Date: October 9, 2025 Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Mandsaur I RE Transmission Limited (MIRETL), a special purpose vehicle for the transmission project titled “Augmentation of transformation capacity and implementation of line bays at Mandsaur substation for RE interconnection” in Madhya Pradesh. The acquisition, finalised on October 8, 2025, follows POWERGRID’s selection as the successful bidder under the Tariff Based Competitive Bidding (TBCB) process. The…
Author: PPD Team Date: August 5, 2025 NHPC Limited has announced the winning bidders for its 125 MW/500 MWh standalone battery energy storage system (BESS) tender in Kerala under Tranche I, issued in January 2025. NTPC Green Energy emerged as the largest awardee, securing two contracts: 40 MW/160 MWh at Sreekantapuram substation with a tariff of Rs 434,000 per MW per month, and another 40 MW/160 MWh at Pothencode at Rs 457,000 per MW per…
Author: PPD Team Date: February 6, 2026 Hitachi Energy India Limited announced its unaudited financial results for the third quarter ended December 31, 2025, reporting a strong year on year rise in profit. The company said higher execution levels, sustained demand across key segments, and a record order backlog supported the performance. For the quarter, net profit rose 90.3% to Rs 261.42 crore from Rs 137.38 crore a year earlier. Revenue from operations increased 29.6%…
Author: PPD Team Date: June 2, 2025 WattPower has signed a strategic agreement with Solarium Green Energy Limited to expand solar deployment in Madhya Pradesh and Maharashtra. The collaboration focuses on supporting the central government’s Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) scheme by advancing decentralised solar electrification in rural areas. Under the agreement, Solarium has been named WattPower’s Value Added Partner. WattPower will supply modular, high-efficiency solar solutions, while Solarium will oversee regional implementation…
Author: PPD Team Date: January 5, 2026 KPI Green Energy Limited has begun 2026 with multiple developments, including securing its first large Battery Energy Storage System project and commissioning a major hybrid project ahead of schedule in Gujarat. The updates were shared through regulatory filings made between 01 January and 03 January 2026. In its latest filing, KPI Green stated that its subsidiary Sun Drops Energia Private Limited has received a Letter of Intent from…
Author: PPD Team Date: February 5, 2026 Saatvik Green Energy Limited reported strong growth in its quarterly and nine month financial performance, supported by higher volumes and improved operational efficiency. For the third quarter of fiscal year 2026, the company recorded consolidated revenue of Rs 12,570.2 million, marking a 143% year on year increase. Earnings before interest, taxes, depreciation, and amortization stood at Rs 1,647.6 million, up 134% year on year. For the nine month…