BSECompany Update10 Aug 2026 · 10 Aug 2026, 05:15 pm
Please find the enclosed Press Release to be issued by the Company.
Jupiter Wagons Ltd · 533272
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Jupiter Wagons Ltd has secured 100 MW/400 MWh BESS capacity in West Bengal through e-reverse auctions, targeting a ₹1,000 crore order book by FY27.
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Jupiter Wagons Ltd - 533272 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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August 10, 2026
The Corporate Relationship Department, The Manager, Listing Department,
BSE Limited, National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Bandra (E),
Mumbai - 400 001. Mumbai - 400 051.
Scrip Code: 533272 NSE Symbol : JWL
Sub: Press / Media Release – Jupiter Wagons secures 100 MW/400 MWh BESS capacity in West
Bengal; targeting ₹1,000 crore order book
Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended from time to time (“SEBI Listing Regulations”).
Dear Madam/Sir,
In compliance with Regulation 30 of the SEBI Listing Regulations, please find enclosed a copy of the Press
Release, to be issued by the Company.
This is for your information and record.
Yours Faithfully,
For Jupiter Wagons Limited
Ritesh Kumar Singh
Company Secretary and Compliance Officer
Corporate Office : 16 Taratalla Road, Kolkata - 700088 (W.B.) Phone : 033-6522 9400/01
Regd. Office : 48 Vandana Vihar, Narmada Road, Gorakhpur, Jabalpur - 482001 (M.P.) Phone : 0761-266 1336
Website : www.jupiterwagons.com e-mail : corporate@jupiterwagons.com
Jupiter Wagons secures 100 MW/400 MWh BESS capacity in West Bengal; targeting
₹1,000 crore order book
With this 100 MW/400 MWh order across the Jeerat and Kharagpur projects, JEM Energy's BESS order book now
stands at over 500 MWh, including Commercial & Industrial (C&I), valued at more than INR 500 crore
National, 10th August 2026: Jupiter Wagons Limited (JWL) has emerged as the successful bidder for two standalone Battery Energy
Storage System (BESS) projects with a combined capacity of 100 MW/400 MWh conducted by West Bengal State Electricity
Distribution Company Ltd (WBSEDCL). The projects, located at Jeerat and Kharagpur, were secured through e-reverse auctions
conducted under a Tariff-Based Competitive Bidding (TBCB). The projects will be executed and operated through JEM, subsidiary
of JWL, further strengthening its presence in India's battery energy storage segment.
This involves supply and commissioning of an approximately INR 400 crore of BESS project and will operate under a 15-year
BOO model with WBSEDCL. The long-term operating model provides JEM with enhanced revenue visibility while strengthening
its presence in India's rapidly expanding energy storage market.
The latest wins add significant scale to Jupiter Electric Mobility's existing BESS business, which increases its order book to approx.
500 MWh, valued at over INR 500 crore. JEM Energy is building a sizeable portfolio across India's emerging BESS market,
targeting a BESS order book of approximately INR 1,000 crore by FY27; reflecting its confidence in the structural growth
opportunity for energy storage in India.
Speaking on the development, Mr. Vivek Lohia, Managing Director, Jupiter Wagons Limited, said:
" The successful bids for 100 MW/400 MWh of standalone BESS capacity in West Bengal mark an important milestone for Jupiter
Wagons and JEM Energy as we build a scalable energy storage business. These projects add meaningful scale to our BESS order
book, which now stands at approx. 500 MWh, valued at over INR 500 crore, and reinforces our confidence in the long-term opportunity
for energy storage in India. Our ambition of building a INR 1,000 crore BESS order book mirrors the pace at which this business is
developing and the opportunities we see across utility-scale and commercial applications. As India moves towards a renewable-led
power system, we remain committed to developing reliable, technology-driven and scalable energy storage solutions that can support
the country's evolving power infrastructure.”
The development strengthens JWL's presence in the energy transition ecosystem and supports the Company's strategy of expanding
into high-growth businesses beyond its traditional railway and mobility operations. For JEM, the projects add significant scale to its
BESS business and create a stronger platform for pursuing further utility-scale and Commercial & Industrial (C&I) opportunities
across India.
About Jupiter Wagons Ltd. (JWL) (BSE: 533272; NSE: JWL)
Jupiter Wagons Limited (JWL) is a provider of comprehensive mobility solutions, with diverse offerings across Freight Wagons,
Locomotives, Commercial Vehicles, ISO Marine Containers, and products such as Couplers, Draft Gears, Bogies, CMS Crossings,
Brake Disc, Brake System, Wheels, Axles and Wheel sets. JWL has manufacturing facilities located in Kolkata, Jamshedpur, Indore,
Jabalpur, Bangalore and Aurangabad with full backward integration to its foundry operations. The group has established partnerships
with leading global companies such as Tatravagonka a.s. (Slovakia), DAKO CZ (Czech Republic), Kovis d.o.o. (Slovenia), Talleres
Alegria s.a. (Spain).
With a rich legacy of over four decades, the Company has leveraged its deep technological capabilities and robust financial position
Corporate Office : 16 Taratalla Road, Kolkata - 700088 (W.B.) Phone : 033-6522 9400/01
Regd. Office : 48 Vandana Vihar, Narmada Road, Gorakhpur, Jabalpur - 482001 (M.P.) Phone : 0761-266 1336
Website : www.jupiterwagons.com e-mail : corporate@jupiterwagons.com
to emerge as a one-stop shop for mobility solutions and reinforce its position as one of the fastest growing within the industry. Catering
to industries such as Railways, Automobile, Transportation, Logistics, Construction Equipment, Municipalities, Healthcare, Energy,
Mining and Infrastructure, the Company boasts a marquee client base including the Indian Railways, American Railroads, Indian
Ministry of Defence, BEML, Alstom, Tata Motors, GE, Volvo Eicher Motors. For more details, please visit www.jupiterwagons.com
About Jupiter Electric Mobility Pvt. Ltd., subsidiary of JWL
Jupiter Electric Mobility Pvt. Ltd. (JEM), a subsidiary of Jupiter Wagons Limited (JWL), is a pioneering company focused on
advancing electric vehicle and energy storage solutions across commercial and industrial segments in India. With a commitment to
innovation and sustainable mobility, JEM specialises in designing and manufacturing cutting-edge electric trucks, light commercial
vehicles (eLCVs), and energy storage solutions for various applications, including Railways.
By integrating advanced battery technologies and engineering expertise, JEM aims to lead India's transition to eco-friendly and
efficient transportation solutions. Backed by Jupiter Wagons' extensive legacy in railways and mobility infrastructure, JEM is uniquely
positioned to drive meaningful progress in India's electric mobility and energy storage sectors. Please visit
www.jupiterelectricmobility.com
For more information on the Company, please log on to www.jupiterwagons.com or for media queries contact:
Marcelo Azavedo
Account Director
Tel: +91 96738 83707
Email: marcelo.azavedo@adfactorspr.com
Nishant Parab
Account Executive
Tel: +91 70217 03809
Email: nishant.parab@adfactorspr.com
Safe Harbor:
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks
and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual
results to differ materially from those contemplated by the relevant forward-looking statements. Jupiter Wagons Limited will not be
in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-
looking statements to reflect subsequent events or circumstances.
Corporate Office : 16 Taratalla Road, Kolkata - 700088 (W.B.) Phone : 033-6522 9400/01
Regd. Office : 48 Vandana Vihar, Narmada Road, Gorakhpur, Jabalpur - 482001 (M.P.) Phone : 0761-266 1336
Website : www.jupiterwagons.com e-mail : corporate@jupiterwagons.com