Jupiter Electric Mobility Private Limited (JEM), a subsidiary of Jupiter Wagons Limited, has signed MoUs with Chalukya Power and Pickrenew Energy for battery energy storage system (BESS) projects. The agreement includes both utility-scale and commercial and industrial deployments.
The projects will support grid stability, renewable energy integration, and energy management for industrial consumers. Furthermore, with the addition of these agreements, JEM Energy’s order book for FY 2026-27 will expand by 110 MWh of BESS projects.
Additionally, following these agreements, JEM Energy’s BESS order book has crossed Rs 1.5 billion for FY 2026-27, including projects with private renewable energy developers and select public sector undertakings.
