Bhavish Aggarwal-led Ola Electric on Thursday announced the launch of Ola Shakti, a portable device that can be used to power ACs and refrigerators at home, water pumps at farms and business establishments, marking its entry into the battery energy storage systems (BESS) market.
Ola Shakti is powered by Ola’s own 4680 Bharat Cells that are manufactured at its Gigafactory in Krishnagiri, Tamil Nadu. The company expects its annual Gigafactory consumption for the BESS market to scale up to 5 GWh in the next couple of years, potentially exceeding its automotive consumption.
The system leverages Ola Electric’s existing cell technology, Gigafactory infrastructure, and pan-India distribution network, enabling rapid scaling without additional capital expenditure or research and development (R&D) investment, the company said.
“India doesn’t face energy shortage; it faces an energy storage opportunity. With Ola Shakti, we are turning that opportunity into energy independence,” said Bhavish Aggarwal, chairman and MD, Ola Electric.
The system has been launched in four configurations: 1kW/1.5kWh at Rs 29,999; 1kW/3kWh at Rs 55,999; 3kW/5.2kWh at Rs 1,19,999; and 6kW/9.1kWh at Rs 1,59,999. These are introductory prices for the first 10,000 units.
Ola Shakti claims to offer industry-leading efficiency of up to 98%, zero running and maintenance costs, instant 0 ms changeover time, and operates across an input voltage range of 120V-290V. The IP67-rated batteries are weatherproof and tested for dust, water, and monsoon conditions. The system features smart capabilities including time-of-day charge or discharge scheduling, intelligent backup prioritisation, remote diagnostics, and over-the-air software updates.