COAL INDIA ISSUES TENDER FOR 80 MW BESS PROJECT IN ODISHA

has issued a tender for an 80 MW / 320 MWh Battery Energy Storage System (BESS) project in Odisha through a complete Engineering, Procurement, and Construction (EPC) mode. It has issued the tender on behalf of it's subsidiary, Mahanadi Coalfields Limited. The BESS project is spread across four locations (Bhatli, Basta, Padampur, and New Bolangir) in Odisha and comes with 15 years of Comprehensive Operation and Maintenance (O&M). It has sought bids until October 9, 2026. Coal India Ltd is a government of India undertaking and is mainly engaged in mining and production of Coal and also operates Coal washeries. The major consumers of the company are power and steel sectors. The company has a good ROCE and ROE track record of 35% and 28% respectively. It has been maintaining a healthy dividend payout of 46.8% thereby making it a good option for regular income.