New buyer
We welcome their team to our growing community of buyers and suppliers across the nuclear industry.
Jupiter Wagons Ltd (JWL), operating through its energy division JEM Energy, has been awarded a 41 MW/102.5 MWh standalone battery energy storage system (BESS) project by Uttarakhand Power Corporation Ltd (UPCL). JWL partnered with Madhav Infra Projects Ltd for this bid, which was the L1 bidder for Cluster C of UPCL's tender under a tariff-based competitive bidding mechanism. The supply and commissioning of these BESS systems are valued at approximately ₹100 crore.
Additionally, JWL has received the formal Letter of Award from West Bengal State Electricity Distribution Company Ltd (WBSEDCL) for a 50 MW/200 MWh standalone BESS project. This project, secured in August 2026, will be located at the Jeerat 132 kV substation in the North 24 Parganas district of West Bengal.
These developments align with the Union Cabinet's approval of Phase-III of the Green Energy Corridor, which includes provisions for 50 GWh of battery energy storage and enhanced intra-state transmission networks. JEM Energy is expanding its utility-scale portfolio in line with this framework, focusing on substation-level storage solutions. JWL aims to achieve a BESS order book of approximately ₹1,000 crore by FY27, with Jupiter Electric Mobility (JEM) projected to become EBITDA positive in Q3 FY27 and profitable by FY28.
The Uranium Corporation of India Limited (UCIL) is positioned to contribute to India's nuclear energy expansion plan. This was stated by a senior official during UCIL's Diamond Jubilee Year celebrations in Jaduguda, Jharkhand.
Atomic Energy Commission Member-Finance Seema Jain noted that the milestone marks six decades of UCIL's involvement in uranium mining and processing, and its contributions to the country's nuclear power program. Jain emphasized that UCIL's role will be central as India expands its nuclear energy sector.
UCIL Chairman and Managing Director Kacham Anand Rao stated that the company has established expertise and infrastructure in uranium mining and processing over the past 60 years. This includes strengthening capabilities in technology, safety, and environmental management.