BUSINESS BRIEF

This project involves the establishment of a state-of-the-art Smart Battery Energy Storage System (BESS) assembly plant in India. The facility is purpose-built to meet a confirmed pipeline order of 100 MWh for immediate delivery and a long-term client requirement of 4 GWh for a Tier-1 Client, providing a clear 3–5 year revenue roadmap.

The plant will focus on the integration of cells into modules and racks, including Battery Management System (BMS) and thermal management. The promoters have already established a similar facility in the UK with 25 MWh BESS deliveries, and are engaged in
R&D of cell development in the USA. This unique SMART BESS technology, backed by R&D, distinguishes the product from commodity competition.

Investment Highlights:

  • De-risked Entry: Unlike most startups, this project begins with a confirmed pipeline order — eliminating the 'Product-Market Fit' uncertainty.
  • Capital Efficient: By focusing on assembly rather than cell manufacturing, the project captures high-value integration margins at a fraction of the CAPEX of gigafactories.
  • Strong Market Tailwinds: Rising renewable energy penetration across India demands massive BESS deployment for grid stability, peak shaving, and energy arbitrage.
  • Diversified Revenue Streams: Beyond grid storage, the SMART BESS technology serves Data Centers (reliable backup power) and Telecom infrastructure.
  • Policy Alignment: Strategically aligned with India's National Programme on Advanced Chemistry Cell (ACC) Battery Storage, qualifying for incentives and priority access.
  • Proven Execution: Promoters have delivered 25 MWh BESS systems in the UK and maintain active R&D operations in the USA — not a greenfield team.

Total Project Cost INR 20 Crores + (Land, Shed & Basic Infra)

Its an greenfield project. No revenue till date. Promoters incurred INR 30 crores till now on R&D, land and other expenses.

Products & Services

Smart Battery Energy Storage System (BESS)

Proposal
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Industry

Electrical Equipment

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Sub Industry

Battery and Energy Storage Systems (BESS)

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Nature of Business

B2B

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Sector

Manufacturing (Own Brand)

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Location

India

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Region

Across India

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Open For Dilution

0 %

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Top Customer

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Ask

INR 20 Cr

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End use of fund

• Establishment of Smart BESS assembly facility (plant setup and infrastructure)
• Investment in module assembly, BMS integration, and system integration capabilities
• Capacity ramp-up to execute confirmed 100 MWh pipeline order
• Scaling operations to meet long-term 4 GWh client requirement
• Technology integration including thermal management and advanced BMS systems

Business Operation Information
Financial Information
2025 (in INR Cr) 2024 (in INR Cr) 2023 (in INR Cr)
Sales
N.D N.D N.D
EBITDA
PAT
Business Documents

Tags

Industrial Automation Equipment Integrated Power Equipment Manufacturing Battery and Energy Storage Systems (BESS)