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Updated: July 08, 2025 14:59
Prostarm Info Systems Ltd has announced a major investment of Rs 250 crore to establish a state-of-the-art Battery Energy Storage System (BESS) manufacturing facility in Haryana. The move marks a strategic expansion of the company’s footprint in India’s clean energy and power electronics sector, aligning with national goals for energy resilience and green infrastructure.
Key Highlights From The Announcement
- Total capital expenditure planned: Rs 250 crore
- Location: Haryana, with proximity to industrial corridors and logistics hubs
- Facility to focus on lithium-ion battery packs and integrated energy storage systems
- Expected to be operational by mid-2026, with phased commissioning beginning in Q4 FY2025–26
- Will support domestic and export demand across renewable energy, telecom, data centers, and EV charging networks
Strategic Significance And Market Impact
The new plant is designed to strengthen Prostarm’s capabilities in energy storage and power conditioning, building on its existing portfolio of UPS systems, solar hybrid inverters, and voltage stabilisers.
- Enhances India’s domestic manufacturing capacity for advanced battery systems
- Supports government initiatives under the National Energy Storage Mission and PLI schemes
- Reduces reliance on imported battery modules and components
- Positions Prostarm as a key player in India’s emerging grid-scale and commercial BESS market
Operational Scope And Technology Focus
- Facility will include automated assembly lines, testing labs, and R&D units
- Focus on modular, scalable battery systems for industrial and utility-scale applications
- Integration with rooftop solar EPC projects and smart grid deployments
- Plans to incorporate AI-based diagnostics and predictive maintenance tools
Employment And Regional Development
- Expected to generate over 300 direct and indirect jobs in Haryana
- Will contribute to skill development in battery engineering and clean tech manufacturing
- Supports regional MSME ecosystem through component sourcing and logistics partnerships
Financial And Corporate Context
- Follows Prostarm’s successful IPO in May 2025 and strong Q1FY26 performance
- Company reported Rs 346 crore in revenue and Rs 30.5 crore in net profit for FY2024–25
- The capex will be funded through internal accruals and strategic debt instruments
- Reflects Prostarm’s transition from power conditioning to full-stack energy solutions
Outlook And Industry Implications
With this investment, Prostarm aims to become a leading domestic supplier of battery energy storage systems, catering to India’s growing demand for grid stability, renewable integration, and energy independence. The Haryana facility is expected to serve as a blueprint for future expansion into other states and international markets.
Sources: Economic Times, Business Standard, Moneycontrol, Prostarm Annual Reports, Ticker Finology, Chittorgarh IPO Review, Screener.in, Tracxn, The Industry Outlook, Exitmantra, Trendlyne, StockAnalysis.com, Prostarm official site