CLN Energy Ltd Update - Lithium-Ion Battery Supply for Bharat Sanchar Nigam

CLN Energy Limited (CLN) is pleased to announce a key milestone in its Lithium-Ion battery supply project for Bharat Sanchar Nigam Limited (BSNL), a leading telecom service provider in India. The first phase of the supply, scheduled for completion by June 2025, was successfully dispatched. CLN is now actively progressing with the second phase, which is on track for completion by the committed deadline of July 14, 2025.

CLN successfully secured a tender valued at approximately ₹107.91 crores (PO Order ₹77 crores) to supply Lithium-Ion batteries, marking a significant milestone in our pre-IPO journey. This win highlights the company's technical capabilities and reinforces its commitment to supporting critical infrastructure with clean and reliable energy solutions. CLN remains focused on maintaining timely delivery and high product quality throughout the project, further strengthening its reputation as a trusted partner in the telecom and energy sectors.

Shares of CLN Energy Limited was last trading in BSE at Rs. 543.00 as compared to the previous close of Rs. 528.15. The total number of shares traded during the day was 6000 in over 10 trades.

The stock hit an intraday high of Rs. 545.00 and intraday low of 512.00. The net turnover during the day was Rs. 3223140.00.

Source : Equity Bulls

Keywords

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