India’s clean energy and electric mobility ecosystem is witnessing the rise of homegrown technology-driven companies, and REPLUS stands out as one such success story. Marking seven years of operations, REPLUS has evolved into an integrated design, engineering, and manufacturing company focused on Battery Energy Storage Systems (BESS), EV battery packs, and hybrid battery solutions tailored for real-world Indian conditions.
Founded with a clear mission to solve on-ground energy challenges rather than build theoretical solutions, REPLUS has steadily expanded its footprint across India and AMEA markets (Asia, Middle East, Europe, and Africa). Today, the company supports utilities, renewable energy developers, electric mobility operators, and commercial & industrial (C&I) customers with reliable, locally engineered storage and mobility technologies.
Innovation-Led Design and Manufacturing DNA
At the core of REPLUS’s journey is its emphasis on innovation-led design and manufacturing. The company operates as a fully integrated centre, managing everything from system architecture and thermal design to battery management software and production engineering.
Backed by a team of over 200 engineers, technicians, and clean-energy professionals, REPLUS has built deep capabilities in developing storage and mobility solutions engineered for high temperatures, heavy-duty usage, and demanding operating environments—conditions that define the Indian and emerging-market landscape.
This engineering-first approach has enabled the company to move beyond pilot projects to scalable, commercially deployed solutions.
Growing Footprint in Energy Storage Systems
In the energy storage segment, REPLUS has successfully executed 20 domestic and 2 international Battery Energy Storage System projects. These projects span applications such as renewable integration, grid support, peak shaving, and backup power, with system designs optimised for thermal stability and long service life.
The company’s experience in deploying BESS solutions in high-temperature and harsh environments has helped validate system reliability and performance, a critical requirement as India accelerates renewable energy adoption and grid modernisation.
Energy storage is increasingly seen as the backbone of India’s clean power transition, and REPLUS’s growing BESS portfolio positions it as a credible domestic solution provider in this fast-expanding segment.
Scaling Impact in Electric Mobility
Alongside energy storage, REPLUS has built a steadily growing electric mobility business, supplying battery systems for a wide range of EV applications. REPLUS-powered electric vehicles have collectively crossed over 5 lakh kilometres on Indian roads, a milestone that underscores real-world validation of durability, thermal performance, and system reliability.
The company’s EV solutions cater to light commercial vehicles (LCVs), buses, and trucks, supporting cleaner mobility for urban and semi-urban use cases. In addition to standard platforms, REPLUS also develops customised EV and hybrid battery solutions, enabling OEMs and fleet operators to deploy vehicles designed for specific duty cycles and operating conditions.
Strong Financial Momentum
Over the past five years, REPLUS has demonstrated robust financial growth, reflecting rising market demand for domestically manufactured clean energy technologies.
- Revenues grew by nearly 400% between 2021 and 2022
- Doubled in 2023
- Recorded a five-fold increase in 2024
The company expects this momentum to continue in 2025, driven by increasing adoption of energy storage systems and electric mobility solutions aligned with India’s Aatmanirbhar Bharat objectives and localisation-focused policies.
Next Phase: Advanced Storage and EV Technologies
As REPLUS enters its next phase of growth, the company is focusing on liquid-cooled Battery Energy Storage Systems and next-generation EV and hybrid battery packs. These solutions are being specifically engineered for India’s climatic conditions, featuring:
- Advanced cooling architectures
- High-density battery packaging
- Intelligent battery management systems with predictive diagnostics
These innovations aim to improve safety, extend battery life, and enhance performance under demanding operating scenarios.
Manufacturing Expansion and Localisation Push
Manufacturing, innovation, and sustainability remain central pillars of REPLUS’s roadmap. The company currently operates a 1 GWh manufacturing facility and is investing in expanding capacity by an additional 5 GWh, taking total installed capacity to 6 GWh.
This expansion strategy is supported by:
- Greater localisation of critical components
- Automation across key production lines
- Deeper backward integration to strengthen supply chain resilience
The move aligns with India’s broader push to build a domestic battery manufacturing ecosystem and reduce dependence on imports.
Leadership Perspective
Commenting on the milestone, Riju Jhunjhunwala, Chairman & Managing Director, LNJ Bhilwara Group, said:
“What began as a small entrepreneurial venture has grown into a company delivering credible solutions across energy storage and electric mobility. This focus on reliability, localisation, and advanced technologies will play an important role in supporting India’s clean-energy and mobility transition.”
Hiren Pravin Shah, Managing Director & CEO, REPLUS, reflected on the company’s journey:
“When we started REPLUS from my home seven years ago, the goal was never just to build a company—it was to build something that actually works in Indian conditions. Every product and system has been shaped by what we saw on the ground.”
He added that future growth will remain rooted in strengthening manufacturing, advancing technology, and delivering reliable, Indian-made solutions for both domestic and global markets.
A Reflection of India’s Clean Energy Shift
As India accelerates its transition towards clean energy and electric mobility, companies like REPLUS are emerging as critical enablers of the domestic ecosystem. With growing demand for resilient infrastructure, indigenously developed technologies, and performance-driven solutions, REPLUS’s seven-year journey reflects a broader industry shift toward scalable, high-performance, India-first clean energy solutions built for real-world conditions.
