Archive · 2 Jun 2025
JBM Auto's Battery Order Book Surges to 3 GWh Across India
JBM Auto, a company that makes batteries, has a lot of new orders for big battery systems in India.
These systems store energy.
The company's order book is now at 3 GWh, meaning they have contracts to build enough batteries to store a lot of power.
This increase is because they recently started delivering systems, including one for a company called SJVN.
JBM Auto works with companies that make electric cars, buses, and bikes, providing battery systems.
Storing energy in batteries is very important for India's plan to use more renewable energy, like solar and wind, by the year 2030.
JBM Auto's lithium ion battery vertical's order book has reached 3 GWh.
The order book is for battery energy storage systems (BESS) deployments across India.
This surge is due to recent project deployments, including 1 GWh for SJVN Ltd.
JBM Auto works with customers in various electric vehicle segments.
BESS is crucial for India's 500 GW renewable energy target by 2030.
- Who
- JBM Auto Ltd.
- What
- JBM Auto's lithium ion battery vertical's order book surged to 3 giga watt hour (GWh) for battery energy storage systems (BESS) deployments
- When
- Recent developments
- Where
- India
- Why
- The surge is due to recent project deployments and is a critical component of India's renewable energy target.
- Company
- JBM Auto Ltd.
- Order Book Size
- 3 GWh
- Focus
- Battery Energy Storage Systems (BESS)
- Deployment Location
- India
- Key Customer
- SJVN Ltd.
- MD & Vice Chairman
- Nishant Arya
- Stock Performance (May 30)
- 0.81% lower at ₹716.5