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Jupiter Electric Mobility signs MoUs for BESS projects
Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons (JWL), today announced the signing of formal MoUs with Chalukya Power and Pickrenew Energy, two of India's marquee renewable energy developers. The agreements add 110 MWh of Battery Energy Storage System (BESS) business, comprising a mix of Utility-scale and Commercial and Industrial (C&I) deployments, to JEM Energy's orderbook for FY 2026-27.
Jupiter Wagons share jumps 10% as arm secures 110 MWh BESS orders
The buying on the counter came after Jupiter Electric Mobility Private Limited (JEM Energy), a subsidiary of Jupiter Wagons, signed a memoranda of understanding (MoUs) with Chalukya Power and Pickrene
Jupiter Wagons jumps as arm signs BESS deals worth 110 MWh
Jupiter Wagons rose 4.01% to Rs 288.10 after its subsidiary, Jupiter Electric Mobility (JEM), signed strategic agreements with renewable energy firms Chalukya Power and Pickrenew Energy for Battery Energy Storage System (BESS) projects.