Friday, March 29, 2024
Outlook.com
Outlook India
Outlook Business

BRPL Collaborates Sheru, Aims To Develop The Vehicle Green Station

As a part of this association, Sheru’s proprietary bidirectional battery-swapping station will provide swappable batteries for electric two-wheelers, three-wheelers, and rickshaws and help to power their mobility

BRPL Collaborates Sheru, Aims To Develop The Vehicle Green Station

Outlook Start-Up Desk

POSTED ON May 26, 2023 4:39 PM

BSES Rajdhani Power Limited (BRPL) has partnered with energy software company Sheru to develop the vehicle-to-grid station. The partnership will also help in easing pressure on power demand and in strengthening the power grid.

As a part of this association, Sheru’s proprietary bidirectional battery-swapping station will provide swappable batteries for electric two-wheelers, three-wheelers, and rickshaws and help to power their mobility. The same station will also support BRPL’s power requirement during periods of peak power need. The collaboration leverages the strengths of the parties and provides benefits to all sides.

Addressing the collaboration, Shikhar Sharma, COO of Sheru noted, “Sheru supplies cutting-edge solutions for the power sector. In the relationship with BSES, we are helping secure round-the-clock power from renewable energy sources. Standalone battery storage involves large CAPEX. Sheru’s novel solution is to use the idle battery space of EVs. This solves the CAPEX problem for BSES while providing income to EV and battery owners. Given the rate of growth of renewables in the country, our solution has received a warm welcome from power distribution companies. We are excited about the potential of this partnership with BRPL.” 

"Utilising the battery capacity of swapping stations as a distributed energy resource installed across the distribution area to support the grid during peak times and maximise charging of batteries through the integration of renewable energy or during off peak power periods will build a sustainable model for EV charging. We are happy to collaborate with Sheru and hope to extract valuable insights in supporting our grid ancillary functions,” added a BRPL representative.

  • Related Articles

    Eleven teams of young entrepreneurs presented their start-up ideas that ranged from fintech, to faith-tech to QSR to FMCG, to a room filled with over 100 venture capitalists

    Three Start-Ups Secure Rs 80 Lakh In Masters’ Union’s Startup Challenge Event

    Questions arise why countries like Singapore, Mauritius and the United Arab Emirates, which account for a majority of inbound foreign direct investment, are missing from CBDT’s notification

    Will Selectively Exempting 21 Nations From Angel Tax Net Truly Help The Start-Up Sector?

    As part of the acquisition, FinFort will join the Yubi group of companies, collaborating with Yubi's subsidiary, Corpository, a SaaS-based credit analytics platform for corporate lending, providing...

    Yubi Acquires Retail Credit Analytics Company FinFort