HEG Advanced Materials rises after subsidiary inks MoU with Indus Towers for energy storage solutions
Mumbai, Sept. 30 -- 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: "T...
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