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Shrikant Pandey

25th May · SEBI-Registered Analyst

$JWL

JUPITER WAGONS ; JEM ENERGY SIGNS BESS MoUs, TARGETS ₹1,000 CR REVENUE ⚡️🔋 • 🤝 JEM Energy signed strategic BESS MoUs with Chalukya Power & Pickrenew Energy • 🔋 Agreements add 110 MWh Battery Energy Storage System (BESS) projects • 📦 Current BESS orderbook stands at ₹150+ Cr • 🎯 Company targeting ₹200 Cr orderbook in FY27 • 🏭 Projects include utility-scale & Commercial/Industrial (C&I) deployments • 📈 Targets ₹500 Cr revenue from battery & BESS vertical in FY28 • 🚀 Long-term goal of ₹1,000 Cr revenue by FY30 • 🇮🇳 Growth backed by India’s renewable push, 4-hour storage mandate & VGF support • ⚙️ Focused on integrated battery technology, system integration & after-sales support 🟢 Impact: Positive — Strong orderbook growth and aggressive BESS expansion strengthen JWL’s positioning in India’s fast-growing energy storage market.

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