Mumbai, April 2 -- A key highlight is the company's entry into the Battery Energy Storage System (BESS) segment through projects from NTPC, signaling EIEL's capability to execute large-scale, complex energy infrastructure projects. The move positions the company in India's rapidly evolving energy storage market, which currently meets less than 1% of the nation's projected storage needs, representing a 208 GWh gap.

EIEL said the BESS projects will enable renewable integration, enhance grid reliability, and support peak demand management. With the market in early development, the company expects to benefit from a first-mover advantage.

The new orders also expand EIEL's geographical footprint into Bihar, Assam, and Telangana, key growth ma...