Kolkata, January 5, 2026: Ddev Plastiks Industries Limited (BSE: 543547 | NSE: DDEVPLSTIK) has approved its entry into the Battery Energy Storage System (BESS) segment, marking a strategic diversification into the renewable energy value chain. The move positions the company to participate in India’s rapidly evolving clean energy and grid-stability ecosystem.
Strategic Entry Into Energy Storage
The company plans to launch a multi-phase BESS manufacturing programme aimed at serving utility-scale projects, commercial and industrial users, and residential applications. Energy storage is increasingly becoming a critical enabler for renewable power integration, particularly for managing intermittency from solar and wind sources.Phase 1 Manufacturing Plan
As part of the initial phase, Ddev Plastiks will set up a 5 GWh BESS manufacturing facility by FY27, with an estimated capital investment of ₹150–200 crore.Key Project Details
| Particulars | Details |
|---|---|
| Business Segment | Battery Energy Storage Systems |
| Sector Focus | Renewable Energy |
| Phase 1 Capacity | 5 GWh |
| Timeline | By FY27 |
| Estimated Investment | ₹150–200 crore |
Focus on R&D and Technology Capabilities
A central pillar of the expansion will be the establishment of a state-of-the-art Research and Development centre, dedicated to advanced battery technologies and next-generation energy storage solutions. The R&D initiative is expected to enhance performance efficiency, sustainability, and cost competitiveness, strengthening the company’s long-term positioning in the energy storage market.Revenue Visibility
The new energy storage vertical is expected to start contributing to the company’s revenues from the second half of FY27, providing a fresh growth engine alongside its existing operations.About the Company
Ddev Plastiks Industries Limited is a listed industrial company engaged in diversified manufacturing activities. With its latest expansion into energy storage solutions, the company aims to align its growth strategy with India’s clean energy transition while building long-term value through technology-led manufacturing initiatives.Source:
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