Coal India Limited (CIL) has received a Letter of Award (LOA) from Telangana Power Generation Corporation Limited (TSGENCO) for establishing a 750 MWh battery energy storage system (BESS) at Choutuppal. The project carries a power capacity of 187.5 MW with four hours of storage capability and is estimated to cost USD 112 million.

Project Specifications and Timeline

The Choutuppal BESS project has been awarded at a tariff of USD 3,324 per MW per month. CIL is required to submit the necessary documents within 15 days of receiving 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 agreement.

CIL's Expanding Energy Storage Portfolio

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.

Corporate Guarantee for Solar Development

Separately, CIL's board has approved a corporate guarantee of up to USD 334 million for CIL Rajasthan Akshay Urja Limited (CRAUL). The guarantee will support the development of an 875 MW solar photovoltaic (PV) power plant in Rajasthan.

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