Coal India gains 3% after company bags ₹1,057 Cr battery storage project from Telangana GENCO, details insideCoal India gains 3% after company bags ₹1,057 Cr battery storage project from Telangana GENCO, details inside

Introduction

Leading coal mining company received a Letter of Award from Telangana Power Generation Corporation to set up a 750 MWh BESS plant at Choutuppal, valued at ₹1,057.09 crore.

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Share price movement of Coal India

On March 30, 2026, Coal India Ltd opened at ₹445.25, up 0.02% from its previous close of ₹445.15. The stock reached a high of ₹459.90 (3.33%) and a low of ₹443.05. By 12:29 PM, it traded at ₹458.70, a 3.04% increase, with a market cap of ₹2,82,622.72 crore.

Coal India Wins BESS Project

Coal India Limited received a Letter of Award from Telangana Power Generation Corporation Limited to set up a 750 MWh (187.5 MW for 4 hours) BESS plant at Choutuppal.

The project is valued at approximately ₹1,057.09 crore. Coal India Limited must submit required documents within 15 days and provide a performance bank guarantee before signing the BESPA agreement.

The BESS plant project will be executed over 18 months. The plant will operate at a tariff of ₹3.14 lakh per MW per month under domestic contract terms.

Stock performance of Coal India for period of 1 week, 6 months, and 1 year

Coal India Ltd delivered a 1-week return of -2.24%, a 6-month return of 14.6%, and a 1-year return of 11.8%.

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Shareholding pattern of Coal India

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	63.10%	63.10%	63.10%
FII	8.20%	8%	8.20%
DII	23%	23%	23%
Public	6.00%	6.00%	5.90%

About Coal India

Coal India Ltd (NSE: COALINDIA) is primarily engaged in coal mining and production, operating washeries, supplying coal mainly to power and steel sectors, also serving cement and fertilizer industries.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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