Jupiter Wagons Limited (JWL) has emerged as the successful bidder for two standalone Battery Energy Storage System (BESS) projects with a combined capacity of 100 MW/400 MWh in West Bengal. The projects, located at Jeerat and Kharagpur, were awarded through e-reverse auctions conducted by West Bengal State Electricity Distribution Company Ltd. (WBSEDCL) under the Tariff-Based Competitive Bidding route.
The projects will be executed and operated by Jupiter Electric Mobility Pvt Ltd.(JEM), a subsidiary of JWL. The combined project value is approximately ₹400 crore and will be implemented under a 15-year Build-Own-Operate (BOO) model with WBSEDCL.
The latest wins strengthen JEM’s position in India’s fast-growing energy storage market and provide a long-term operating platform with greater revenue visibility. The projects also add significant capacity to JEM’s existing BESS portfolio. Following the latest orders, JEM’s BESS order book has increased to around 500 MWh, with a value of more than ₹500 crore, including projects serving the Commercial and Industrial (C&I) segment. The company is targeting a BESS order book of approximately ₹1,000 crore by FY27 as it expands its presence across utility-scale and C&I energy storage applications.
Vivek Lohia, Managing Director, Jupiter Wagons Limited, said the successful bids represent an important milestone in the company’s effort to build a scalable energy storage business. He added that the growing order book reflects the opportunities emerging from India’s transition towards a renewable-led power system and the increasing requirement for reliable energy storage solutions.
The new projects are part of JWL’s strategy to expand beyond its traditional railway and mobility businesses into high-growth sectors linked to India’s energy transition. For JEM, the projects provide additional scale and strengthen its platform to pursue further utility-scale and C&I BESS opportunities across the country.
Jupiter Wagons said energy storage is expected to play an important role in supporting renewable power integration, grid stability and changing electricity demand patterns. The company plans to use its engineering capabilities and technology partnerships to develop scalable solutions for India’s evolving energy infrastructure.
Jupiter Wagons Limited is a mobility solutions provider with offerings across freight wagons, locomotives, commercial vehicles, ISO marine containers and critical railway components. Its portfolio includes couplers, draft gears, bogies, CMS crossings, brake discs, brake systems, wheels, axles and wheelsets. The company operates manufacturing facilities in Kolkata, Jamshedpur, Indore, Jabalpur, Bengaluru and Aurangabad, supported by backward integration into foundry operations. JWL serves customers across railways, automobiles, transportation, logistics, construction equipment, healthcare, energy, mining and infrastructure.
Jupiter Electric Mobility, a subsidiary of JWL, focuses on electric mobility and energy storage solutions for commercial and industrial applications. Its activities include electric trucks, electric light commercial vehicles and advanced energy storage systems. Backed by JWL’s experience in railway and mobility infrastructure, JEM is expanding its presence in India’s electric mobility and energy storage sectors.