Ola Electric Enters ₹1 Trillion Battery Storage Market with ‘Ola Shakti’

With India’s BESS market expected to surpass ₹3 trillion by 2030, Ola Electric anticipates its annual battery storage usage will reach 5 GWh in the coming years.
Ola Electric Enters ₹1 Trillion Battery Storage Market with ‘Ola Shakti’
Ola Electric Enters ₹1 Trillion Battery Storage Market with ‘Ola Shakti’The Bridge Chronicle
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On Thursday, Ola Electric announced its entry into India’s ₹1 trillion battery energy storage systems (BESS) market with the launch of Ola Shakti, its first residential energy solution. Ola stated, “We have built world-class battery and cell technology for electric mobility. Ola Shakti extends that innovation to homes, helping them store and use clean energy intelligently.”

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Pricing and availability

Ola Shakti comes in configurations of 1.5 kWh, 3 kWh, 5.2 kWh, and 9.1 kWh, with initial pricing for the first 10,000 units as follows: ₹29,999 for 1.5 kWh, ₹55,999 for 3 kWh, ₹119,999 for 5.2 kWh, and ₹159,999 for 9.1 kWh. Reservations began on Thursday at ₹999, with deliveries anticipated to start from Makar Sankranti next year.

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Market to grow to ₹3 trn by 2030

As India's Battery Energy Storage Systems (BESS) market is anticipated to expand to more than ₹3 trillion by 2030, Ola Electric foresees its yearly BESS usage increasing to 5 Gigawatt hours (GWh) in the coming years. Ola Shakti is India's inaugural residential Battery Energy Storage System (BESS) that is entirely designed, engineered, and produced domestically. It utilizes the cutting-edge 4680 Bharat Cell and robust, efficient automotive battery packs.

In a regulatory filing, Ola also said, “Ola Shakti is a natural next step for us as we leverage our existing 4680 cell technology, Gigafactory production capabilities, and nationwide Ola network as a ready sales and distribution backbone, ensuring rapid scale without any incremental investment.”

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Key Features:

  • Instant Switching: 0ms power switch ensures appliance safety.

  • Smart Energy Use: Real-time monitoring, learns patterns, saves power and cost.

  • Voltage Protection: Works safely across 120V–290V.

  • High Efficiency: Up to 98%, no running or maintenance costs.

  • Weatherproof: IP67-rated, safe from dust, water, and rain.

  • Advanced Tech: ToD charging, smart backup, remote diagnostics, OTA updates, and seamless online operation.

Ola Electric Chairman and MD Bhavish Aggarwal said, “India doesn’t face an energy shortage; it faces an energy storage opportunity. With Ola Shakti, we are turning that opportunity into energy independence.”

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