Bhavish Aggarwal ’s Ola Electric is set to launch its utility-scale Battery Energy Storage System (BESS), Mahashakti. This marks the EV startup's expansion into India's fast-growing battery energy storage market and is set to launch on August 15, as reported by Business Today. What is Mahashakti? Mahashakti has been designed and manufactured in India for renewable energy integration, industrial power, grid infrastructure and data centres, the company said in its shareholders' letter. Mahashakti builds on Ola 's broader energy storage plan alongside Shakti, its platform for residential and commercial backup power. Shakti is for residential and small business purposes. On the other hand, Ola Electric is targeting Mahashakti at commercial, industrial and utility-scale projects. The launch comes as the company scales its cell manufacturing operations. Ola Electric said its Gigafactory will be operational at a capacity of 6 GWh by September to support both its electric vehicle business and external customers across energy storage. According to Ola, India will require more than 400 GWh of energy storage by 2032, with the battery storage sector becoming a major long-term growth opportunity for domestic manufacturers. Before launching Mahashakti, Bhavish Aggarwal’s company has announced a memorandum of understanding with Axis Energy for the potential deployment of up to 20 GWh of battery storage by 2032. Ola Electric claims that the agreement is one of the largest announced domestic deployments of indigenous battery storage technology. Under the proposed partnership, Mahashakti Systems would be deployed across Axis Energy's renewable energy projects, providing Ola with an anchor customer as it enters the utility-scale storage market. The partnership would support battery storage for renewable energy integration and industrial applications, although the companies did not disclose financial details. Also read: Karnataka makes AI push with proposed AI University, 25,000 startups and Anthropic partnership
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