Announced Mon, 10 Aug · 17:15 IST
Jupiter Wagons unit wins 100 MW BESS project in West Bengal
JWL · price
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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹257.60
prior close
₹262.35
base price
After-mkt
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+1.6+1.3+1.4+1.2+0.3+0.2-0.2-1.7-2.6-3.7————
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AI summary
Jupiter Wagons subsidiary JEM Energy won two Battery Energy Storage System projects (100 MW/400 MWh) in West Bengal from state utility WBSEDCL, valued at about Rs 400 crore. The 15-year Build-Own-Operate projects at Jeerat and Kharagpur take JEM's total BESS order book above 500 MWh, worth over Rs 500 crore. Company targets about Rs 1,000 crore BESS order book by FY27.
Likely market impact
Boosts long-term revenue visibility; strengthens diversification into the fast-growing battery energy storage market beyond core railway business.