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Indus Towers Shares Surge on MoU with HEG Arm for Telecom Energy Solutions
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CNBC TV18•30-09-2026, 10:45
Indus Towers Shares Surge on MoU with HEG Arm for Telecom Energy Solutions
- •Indus Towers Ltd. shares gained after signing an MoU with Replus Engitech, a subsidiary of HEG Advanced Materials, for energy storage solutions in telecom infrastructure.
- •The collaboration focuses on Battery Energy Storage System (BESS) solutions for telecom infrastructure across India.
- •Replus Engitech plans to provide a dedicated BESS production capacity of 1.5 GWh over two years to meet the evolving energy needs of telecom infrastructure.
- •Replus is expanding its portfolio to include higher-capacity battery systems and exploring emerging technologies like sodium-ion batteries for enhanced reliability and efficiency.
- •Earlier, Replus Engitech received orders worth ’217.56 crore from Indus Towers for lithium-ion battery banks, to be executed by March 31, 2027.
Key Questions Answered
Indus Towers shares gained after signing a memorandum of understanding with Replus Engitech, a subsidiary of HEG Advanced Material, to collaborate on battery energy storage system solutions for telecom infrastructure in India.
Replus Engitech intends to provide a dedicated battery energy storage system production capacity of 1.5 GWh over a two-year period to support the evolving energy needs of telecom infrastructure.
Replus Engitech received orders worth ₹217.56 crore from Indus Towers for supplying lithium-ion battery banks, which must be executed on or before March 31, 2027.
