OGO Energy is launching its first 100 MWh battery assembly plant in Noida, Uttar Pradesh India to support Prime Minister’s vision of “Make in India”.
The plant will be operational by Jan 2023 with expansion plans to Gigawatt hour capacity by end of2023.
OGO Energy has been recently established by Indian origin-based Founder’s and Dubai/Singapore based NRI investors.
It has successfully raised an undisclosed amount of capital. OGO Energy plans to set-up a “state-of-the-art” R&D facility and assembly plant for the development of Lithium-Ion battery storage ecosystem with in-house developed BMS i.e., Battery Management System to foster clean energy storage solutions.
OGO Energy has been launched by Rajit Nanda (Founder & Chairman), an Indian-born Intrapreneur and Social Entrepreneur and a well know face in the power and water sector space.
He is one of the de-facto founding senior C-level, and management committee executive (from 2008-2022) at ACWA Power (Tadawul listed US$ c.30 billion market cap company). Prior to that, he was Regional CFO for Engie Middle East, Asia & Africa region. Under the able guidance of Rajit Nanda , OGO Energy will be led by Co-Founder & CEO Abhishek Singh, Ramesh Kumar Gupta (Co-Founder & CTO) and Nitin Singhal (Co-Founder & CMO).
OGO Energy will target two business domains i.e., stationery and e-mobility sectors with various applications behind /front of the meter for C&I-Microgrid, datacenter, e-mobility (3-wheeler), telecom and AGV applications.
Rajit Nanda, said: The past two years has been a test of resilience, agility and harmony for every human being globally. Recognizing the climate change necessities throughout the various nations, we have stepped up our efforts in developing sustainable energy solutions. We are glad to announce the launch for setting up of our 1st battery energy storage platform starting from India for the world.
The in-house developed battery energy system with an indigenous battery management system will not only help to have full control over design but also it will closely manage the assembly costs and quality control. We are keen to make “OGO Energy” as one of the most efficient, technology-driven and customer-centric energy storage system integrator companies that will offer end-to-end clean energy solutions for stationary and electric mobility segments.
Abhishek Singh, said: “We are elated to announce the setting up of 100MWh battery assembly plant with plans to scale up to Gigawatt hours by 2023. Our core competency lies in our ability to indigenously design & build battery management system spanning across multiple applications. Our team is looking forward to this exciting journey which would help build a more sustainable, cost-effective “battery-fied” world.
OGO Energy is also backed by Singapore based investors i.e. Rohit Nanda (serial investor and heading SMBC’s Asian infrastructure private equity business); Rajesh Madhavan Unni (Serial investor, founder & CEO of Synergy Marine Group) and Ambar Sangwan (Group Director- Synergy Marine Group).