Batteries are cited only as an emerging growth area the company expects to benefit from, with no stated manufacturing, BESS or materials exposure.
“emerging opportunities in semiconductors, batteries and green hydrogen.”
Batteries & Energy Storage
Battery and storage exposure from cell plants to recycling, tiered by what is operating today versus committed for tomorrow.
Core — the theme IS a principal business todayGrowing — real operations, not yet the main businessAnnounced — committed plans or orders, little revenue yetMention-only — appears only as outlook language
TierAll tiersCore businessGrowingAnnouncedMention-onlySortBy exposureLargest firstNewest evidence7 core · 29 growing · 34 announced · 23 mention
Storage is included in Suzlon's new RE Tech brand architecture but no energy storage products, BESS capacity, or storage revenue is described in the opening section.
“RE Tech: Wind | Storage | Solar”
Battery/energy storage is mentioned only as a technology track being monitored for future integration, with no current BESS or battery manufacturing operations disclosed.
“Energy Storage Solutions, where we are tracking the evolution across battery chemistries to identify integration opportunities”
BESS is referenced only as an emerging technology SJVN is 'actively pursuing' alongside green hydrogen, with no operating capacity or revenue disclosed.
“We continued to expand our renewable energy portfolio through hydro, solar and wind projects while actively pursuing emerging technologies such as Green Hydrogen and Battery Energy Storage Systems (BESS).”
The report lists batteries as a future growth area for Aarti's specialty chemicals platform, alongside aspirational references to entering electronic chemicals and battery materials, with no current revenue or committed project disclosed.
“Positioned to capture growth in batteries, electronics and sustainable chemistries”
IEX is developing new trading products/bid types for storage technologies as part of BESS integration into the exchange, but does not manufacture or operate BESS itself.
“IEX is also working towards creation of new products and bid types for storage technologies.”
Battery Energy Storage Systems is listed as a service offering within the Renewable Energy SBU, but no specific BESS capacity, projects or revenue are disclosed.
“Battery Energy Storage Systems”
+1 more quote from the report
“Battery storage is shifting from a component of hybrid tenders to standalone procurement, and the Company is evaluating it alongside its renewable execution work.”
BESS is referenced only as an emerging opportunity under evaluation, with no current operations or revenue.
“we are also evaluating emerging opportunities in the evolving power infrastructure ecosystem, including Battery Energy Storage Systems (BESS) and Data Centre infrastructure.”
Lithium-ion battery recycling is mentioned only as an aspirational future exploration, with no committed projects, capex or current revenue.
“It also intends to explore opportunities in copper, lead and lithium-ion battery recycling.”
BESS is listed as an innovation focus area and as an industry the company serves, but the company does not manufacture batteries or operate energy storage capacity.
“Our innovation focus spans Industrial IoT, Smart Water Analytics, Gas Analysis, and Environmental Intelligence, AI-enabled systems, Smart Analyzer Shelters, BESS, EV Charging and Hydrogen technologies.”
Hikal lists 'Electronic and battery chemicals' as a specialty chemicals offering under Crop Protection, with no further detail on products, capacity or customers.
“Specialty chemicals −Personal care products −Biocides −Electronic and battery chemicals −Homecare”
Indirect exposure via 99.99% subsidiary Jindal Steel & Alloys Ltd, which is described as undertaking activities relating to batteries (alongside steel as its principal business); no revenue or project details provided.
“The Company is also involved in the development and operation of industrial, infrastructure and energy projects, and undertakes activities relating to mining, automobiles, electric vehicles, batteries, real estate development, commodity trading and strategic investments.”
JG Chemicals lists zinc oxide for batteries (extending service life, increasing energy density) as one of 25+ served applications, but strategic commentary explicitly describes it as an early, non-material position still waiting for demand to mature.
“Speciality chemicals, batteries and electronics wait further out. Early positions, held until their demand matures.”
Battery Chemicals are listed as one of several downstream application areas where the company's Yellow Phosphorus derivatives could be used; no dedicated battery-materials business, capex or revenue is indicated.
“These are used as building blocks for production of compounds in diverse end use applications including Lube Oil Additives, Flame Retardants, Battery Chemicals, Pharmaceutical Intermediates etc.”
The company identifies battery energy storage and grid-scale BESS evacuation infrastructure as a future business direction, without disclosing current storage revenue, orders or committed projects.
“Over time we intend to widen the Company from a power infrastructure EPC business into an EPC partner for power generation and battery energy storage as well, and a subsidiary, OPTL Green Energy Private Limited, has been proposed to pursue the renewable segment.”
BESS is listed only as a future portfolio-adjacent area the company is exploring to complement its power-quality offering, with no current products, orders or revenue.
“We also continue to explore opportunities to expand our portfolio through complementary technologies and strategic collaborations in areas such as Static VAR Generators (SVGs), Battery Energy Storage Systems (BESS) and Transformers, enabling us to offer customers a broader and more integrated range of power quality solutions.”
AEMPL is evaluating battery-system opportunities, but no battery manufacturing, storage operations or committed battery project is disclosed.
“At the same time, AEMPL continued to evaluate opportunities in e-bicycles, battery systems and related mobility applications aligned with evolving market requirements.”
Aspirational outlook language about building BESS logistics capabilities, no current operations or revenue in batteries/storage.
“The Company is leveraging its expertise in solar logistics to build capabilities in the rapidly emerging Battery Energy Storage System (BESS) segment and Electric Vehicles, which is expected to play a pivotal role in India's clean energy transition.”
BESS is positioned only as an emerging market opportunity where Sharika's automation capabilities could find future participation; no current revenue or committed projects.
“The growth of grid-scale Battery Energy Storage Systems is expected to create new requirements for advanced control, energy management, dispatchability and grid flexibility.”
Calcom has built in-house battery pack assembly and testing capability, but it is referenced as supporting its own lighting products (solar street lights, emergency lighting) rather than as a standalone battery business.
“we have diversified our operations across dedicated battery pack manufacturing with charging, grading and testing capabilities.”
Battery energy storage and solar-plus-storage are listed as strategic priorities, but the text frames them as future opportunities being evaluated, with no committed capex, orders or revenue disclosed.
“The Company is evaluating opportunities in battery energy storage systems, including solar-plus-storage solutions.”
The company has installed a captive Battery Energy Storage System (BESS) at its own assembly unit solely for internal power consumption optimisation, with Rs. 38.10 lakhs capital investment — not a BESS business line.
“The company has installed BESS (Battery Energy Storage System) and LED lights at the assembly unit which shall optimise the power consumption.”
Battery storage is mentioned only in proposed MoA amendment as a future technology area; no current storage operations.
“to undertake renewable and conventional energy projects including solar, wind, hydro, hydrogen, battery storage and related technologies”
How this list is built
Definition used: Manufactures battery cells/packs or energy-storage systems, operates BESS capacity, or supplies battery materials and recycling. Membership is extracted from each company’s newest annual report; every quote is validated against the report page before publishing, and core/growing tiers are confirmed by a second independent read (marked ). Companies whose reports our corpus hasn’t read yet simply aren’t listed — absence means unread, not “no exposure”.
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