Sheru’s proprietary bidirectional battery-swapping station would provide swappable batteries for electric 2 wheelers, 3 wheelers, and rickshaws and help power their mobility. The same station would 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.
“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.” said Mr Shikhar Sharma, COO of Sheru.
"Utilizing the battery capacity of swapping stations as a distributed energy resource installed across the distribution area to support the grid during peak times and maximize 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.
About Sheru:
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Sheru, an energy storage company based out of New Delhi (India). The company provides cloud storage solutions by aggregating idle battery capacity to create a virtual energy storage platform. Sheru is also the first company in the world to integrate V2G technology with battery swapping, bringing together two complementary systems and gaining synergies through it. Sheru was started by Ankit Mittal, Shikhar Sharma and Nakul Mehan, graduates of India’s premier engineering school of BITS Pilani. Having helped build robotics solutions in India’s first deep tech unicorn, GreyOrange, they later took the entrepreneurship plunge themselves. With a passion for sustainability and recognising an opportunity in India’s energy sector, they started Sheru in 2019.
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