Battery Manufacturer Pastiche to Set Up 1 GW BESS Plant in Punjab

The facility is expected to be commissioned by Q3 2025

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Haryana-based battery manufacturer, Pastiche Energy Solutions, will set up a 1 GW lithium iron phosphate battery energy storage system (BESS) manufacturing plant near Chandigarh, Punjab.

Pastiche will invest ₹10 million (~$114,588) in the first phase of the project.

The facility is expected to be commissioned by the third quarter (Q3) of 2025.

The company plans to expand the project capacity to 5 GW.

Pastiche plans to manufacture battery packs for electric vehicles and the BESS segment.

It has received orders for ₹250 million (~$2.86 million) to ₹ 300 million (~$3.4 million).

The company also revealed it is planning for backward integration to manufacture cells at the same facility. It also aims to install a 100 kW to 150 kW solar project to power the facility through clean energy.

Established in 2015, Pastiche manufactures energy storage solutions for residential, commercial, industrial, and utility-scale and grid-scale segments.

It also manufactures battery packs for two-wheelers, three-wheelers, four-wheelers, e-buses, e-trucks, and e-tractors. Additionally, it provides energy storage solutions for medical, telecom, railways, aerospace, and the marine industry.

Pastiche also provides battery solutions for automated guided vehicles and robotics.

According to Mercom India Research’s India’s Energy Storage Landscape, the country installed over 341 MWh of BESS in 2024, marking an over sixfold increase from the 51 MWh installed in 2023.

With these additions, India’s total installed battery energy storage capacity stood at approximately 442 MWh as of December 2024. Around 60% of the installed capacity came from solar systems combined with battery storage, 36% from renewable energy integrated with round-the-clock capabilities, approximately 4% from standalone BESS, and 0.05% of the capacity from floating solar with storage projects.

In June 2025, the Ministry of Power announced the second tranche of viability gap funding (VGF) to support BESS development in India. Under this tranche, a VGF of ₹1.8 million (~$21,043)/MWh will be provided to support the development of 30 GWh of BESS capacity.

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