HEG Advanced Materials rises after subsidiary inks MoU with Indus Towers for energy storage solutions

Under the MoU, Replus intends to make available dedicated Battery Energy Storage System (BESS) production capacity of 1.5 GWh over a two-year period to support the evolving energy requirements of telecom infrastructure.

Replus also plans to expand its portfolio of telecom energy storage solutions, including higher-capacity battery systems, while exploring emerging technologies such as sodium-ion batteries that can enhance reliability, energy efficiency and lifecycle performance across telecom applications.

Replus Engitech is a subsidiary of HEG Advanced Materials (HEGAM) and an integrated energy storage and clean energy company,

Riju Jhunjhunwala, chairman, managing director and CEO, HEG Advanced Materials, said: This initiative reflects the opportunity we see in building a strong, made in-India energy storage ecosystem for critical infrastructure.

Through Replus, we are building the manufacturing scale, technology capabilities and innovation platform required to address these evolving requirements and contribute meaningfully to India?s energy transition.

HEG Advanced Materials is focused on advanced battery materials, graphene, battery energy solutions and green power. Its businesses span research, product development and commercialisation across the EV, BESS and energy-storage ecosystem.

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