Ola Launches Ola Shakti and Enters India’s ₹1 Lakh Crore Battery Energy Storage Systems Market

On October 16, 2025, Ola Electric took a significant step beyond electric mobility by launching its first residential Battery Energy Storage System (BESS) called Ola Shakti. This marks the company's entry into India’s rapidly growing BESS market, which is projected to grow to over ₹3 Lakh Crore by 2030. 

The launch of Ola Shakti is expected to revolutionise how Indian households, farms, and businesses access and manage energy, turning energy storage into an on-demand, portable resource.

Ola Shakti: A Leap in India’s Energy Storage Landscape

Ola Shakti is India’s first fully domestically designed, engineered, and manufactured residential BESS. The product is powered by Ola’s cutting-edge 4680 Bharat Cells, a battery technology previously developed for electric vehicles. 

The modular design of Ola Shakti ensures easy scalability and installation, making it ideal for home usage while also catering to larger energy storage needs in the future. The product is available in multiple configurations, including 1.5 kWh, 3 kWh, 5.2 kWh, and 9.1 kWh, at prices ranging from ₹29,999 to ₹1,59,999 for the first 10,000 units.

Key Features of Ola Shakti

Ola Shakti offers numerous advanced features to enhance energy management for its users. It provides automotive-grade safety, high efficiency (up to 98%), and zero running or maintenance costs. Unlike traditional lead-acid inverters or diesel generators, Ola Shakti boasts instant changeover time (0 ms) and operates across a wide voltage range (120V-290V). It is also weatherproof with IP67-rated batteries, making it suitable for a variety of conditions, from dusty to monsoon-prone environments.

Some of the key features include:

• Time of Day (ToD) charge/discharge scheduling
• Intelligent backup prioritisation
• Remote diagnostics and OTA software updates
• Expansion capabilities and continuous energy supply

Read More: Uber Joins Ola, Rapido with Subscription Model to Boost Driver Retention!

Market Expectations and Production Capacity

Ola Electric expects to scale its BESS production to 5 GWh annually in the next few years, surpassing the company’s automotive consumption. With its Gigafactory infrastructure and nationwide distribution network, Ola aims to meet the increasing demand for clean, sustainable energy solutions in India. 

The system is designed to power various appliances, including air conditioners, refrigerators, and farm pumps, with charging times as fast as 2 hours and up to 1.5 hours of backup capacity on full load.

Ola Electric Share Price Performance

On October 16, 2025, Ola Electric share price opened at ₹53.59 on NSE, above the previous close of ₹52.75. During the day, it surged to ₹55.30 and dipped to ₹53.00. The stock is trading at ₹55.25 as of 10:35 AM. The stock registered a significant gain of 4.74%.

Over the past week, it has moved up by 11.17%, over the past month, it has declined by 6.05%, and over the past 3 months, it has moved up by 30.65%.

Conclusion

The launch of Ola Shakti marks a pivotal moment in the evolution of energy storage in India. By combining advanced technology with local manufacturing, Ola Electric is well-positioned to lead the transition to intelligent, clean energy storage solutions across the country. With its accessible pricing and scalable designs, Ola Shakti is set to become a key player in the rapidly expanding BESS market.

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