GMP IPO
📋 Filings Intelligence
About Contact
LIVE — Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

—
Filed today
—
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings —

📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Coal India Ltd

Coal India wins Rs. 400 Cr BESS plant order from GRIDCO Limited, Odisha

ORDERS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 30 Apr 2026, 10:14 PM IST  ·  BSE ID: 7da3569b-5195-42ae-b32c-c2ae18c26ad4
View Original BSE Filing (PDF)
💡
In Simple Terms
Coal India won a Rs. 400 Crore contract to build battery storage plants in Odisha within 18 months.
🤖 AI Summary
  • Coal India awarded Letter of Award from GRIDCO Limited, Odisha for 320 MWh BESS plant setup
  • Project spans two clusters: Padampur-Bolangir at Rs. 3.04 lakh/MW/Month and Bhatli-Basta at Rs. 3.05 lakh/MW/Month
  • Total project capacity: 80 MW for 4 hours; estimated project cost Rs. 400 Cr
  • Execution timeline: 18 months from BESPA signing; document submission deadline 20 days from LOA
  • Domestic order; no promoter conflict of interest; unrelated party transaction
🔢 Key Numbers — exact figures from BSE filing, not rounded
Estimated Project Cost
Rs. 400 Cr
BESS Capacity
80 MW / 320 MWh (4-hour duration)
Cluster-1 Tariff (Padampur-Bolangir)
Rs. 3.04 lakh/MW/Month
Cluster-2 Tariff (Bhatli-Basta)
Rs. 3.05 lakh/MW/Month
Execution Timeline
18 months from BESPA signing
Document Submission Deadline
20 days from LOA
🏢 How This Affects the Company
📈
Business Impact
Order adds Rs. 400 Cr to project pipeline in energy storage segment, diversifying Coal India beyond coal mining into renewable energy infrastructure. Represents entry into BESS market with domestic state-owned utility as anchor client.
💰
Financial Impact
Rs. 400 Cr project cost will spread over 18-month execution period, providing incremental revenue and cash inflows. Tariff structure (Rs. 3.04-3.05 lakh/MW/Month) implies recurring monthly revenue once operational.
⚙️
Operational Impact
Coal India must mobilize workforce and resources for BESS plant construction in two clusters across Odisha. Requires new operational capabilities in battery technology and energy storage systems beyond traditional coal operations.
⚠️
Risk Impact
18-month execution timeline carries completion risk; tariff-based contract exposes Coal India to operational efficiency requirements. New technology domain (BESS) introduces execution and performance risk versus core coal business.
👥 What This Means For Shareholders
✅
Action Required
Monitor BESPA signing completion and project milestone disclosures in quarterly updates.
👤
Who Is Affected
All equity shareholders benefit from incremental Rs. 400 Cr revenue pipeline over 18 months, expanding earnings base and diversifying from coal mining.
🔍
Management Signal
Coal India is actively building renewable energy generation and storage capabilities, signaling strategic shift toward decarbonization and government energy transition objectives.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
BESPA execution announcement — confirms start of 18-month execution clock
Q1-Q2 FY27 revenue — track Rs. 400 Cr project revenue recognition and milestone billing
Project commissioning update — validate on-time delivery and tariff commencement date
MEDIUM RISK 18-month execution timeline carries completion risk; new BESS technology domain introduces operational performance dependency beyond core coal mining expertise.
💡 Investor Takeaway
Coal India secured Rs. 400 Cr BESS plant order from GRIDCO Limited, Odisha, with 80 MW capacity across two clusters. 18-month execution timeline begins post-BESPA signing. Monthly tariffs of Rs. 3.04-3.05 lakh/MW lock in recurring revenue once operational. No related-party concerns flagged.
⚖️ Strengths & Concerns

✅ Positives

  • Domestic anchor client (GRIDCO Limited, state-owned Odisha) reduces counterparty risk and payment default exposure
  • Estimated Rs. 400 Cr project cost provides material contract value and supports revenue diversification into clean energy

⚠️ Concerns

  • 18-month execution timeline is tight; delays in BESPA signing or document submission (20-day deadline) compress delivery window
  • Tariff-based monthly revenue structure (Rs. 3.04-3.05 lakh/MW/Month) creates operational performance dependencies versus fixed contracts
📅 Company Track Record
Coal India received Letter of Award from Telangana Power Generation Corporation Limited on March 28, 2026 for Rs. 1,057.09 Cr BESS plant with 18-month execution from BESPA signing. Current Odisha order represents second major BESS contract win in FY26, establishing utility-scale battery storage as emerging revenue stream.

Based on publicly available historical data. For context only.

You've read one filing

There are 32,000 more, and one of them is about a company you own

Follow a company and we'll email you the moment it files again — explained, not just forwarded. Free.

  • Follow companies and get filings by email
  • Save any filing to read later
  • Two full AI analyses every month, free

No card needed. Sign in with Google in two taps.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector — takes 5 seconds.