Current Affairs - Business - Discussion

Ola Electric has expanded its operations beyond electric vehicles by launching the ‘Shakti’ home battery energy storage system (BESS), manufactured at its Krishnagiri Gigafactory in Tamil Nadu. The system provides reliable power backup for homes, farms, and small businesses, supports fast charging, and comes in multiple configurations to meet varied energy needs. With IP67-rated batteries and support for appliances like air conditioners and farm pumps, Shakti addresses India’s growing demand for decentralised and clean energy solutions. This launch positions Ola as a key player in India’s residential energy storage market and contributes to the country’s clean energy transition.