Replus Engitech Secures Rs 43 Cr RDI Funding for BESS Tech

New Delhi, Aug 7 (PTI) Replus Engitech on Friday said it has received Rs 43 crore in funding under the government's Research, Development and Innovation Scheme to advance the development of innovative battery energy storage system technologies.

Reinforcing its commitment to indigenous innovation and next-generation energy storage technologies, Replus Engitech, a subsidiary of Bhilwara Energy, has been selected under the government's Research, Development, and Innovation (RDI) Scheme, a company statement said.

Replus has been awarded Rs 43 crore to advance the development of innovative battery energy storage system (BESS) technologies.

The funding is expected to be utilised towards research and development, engineering and product design, prototype development, validation and performance testing, as well as the scale-up and commercialisation of the technology.


It will also help strengthen indigenous capabilities in advanced battery thermal management, enabling Replus to accelerate innovation in energy storage solutions and contribute to India's growing clean mobility and energy transition ecosystem.

Approved by the Union Cabinet, the RDI Scheme, administered by the Department of Science and Technology, was launched to accelerate investment in research, development, and innovation across strategic sectors, with a total outlay of Rs 1 lakh crore over six years.

Replus Engitech Managing Director and CEO Hiren Pravin Shah said, "The selection of REPLUS under the RDI Scheme reflects the growing importance of homegrown technology companies in supporting the nation's long-term energy security and climate ambitions".

Managed through the Technology Development Board (TDB), the initiative supports technology-driven companies working on scalable and commercially viable innovations aligned with India's long-term industrial and economic priorities.

Replus Engitech, a subsidiary of Bhilwara Energy Ltd, is a leading Indian technology company driving innovation in BESS and advanced lithium-ion battery solutions.