1.4 Gwh! Narada Power Secures Major Order for India's Largest Single ESS Project

According to news from Narada Power (300068) on June 28, the company recently signed an ESS order with a well-known large independent power generation operator in India to supply a 1.4 GWh energy storage system for a large-scale new energy PV project in India. This project is one of the largest single ESS projects in India.

Previously, during a survey activity, Narada Power introduced that the company had started selling ESS products since 2008, launched them in bulk in 2010, and began selling to overseas markets in 2014. It has participated in the construction of nearly 500 ESS power stations of various sizes, boasting rich industry experience. As a participant in drafting global industry standards, the company holds a prominent position in the industry. In 2025, the company will continue to expand its business. As of now, it has signed orders yet to be fulfilled worth approximately 1.3 billion yuan domestically and 1.3 billion yuan overseas.

It is worth mentioning that on the evening of April 23, Narada Power announced that in order to further advance the company's globalization strategy, enhance its brand image and reputation, improve its overall competitiveness, establish an international capital operation platform, and enhance the transparency and standardization of corporate governance, the company is currently planning to issue shares overseas (H shares) and list on the Hong Kong Stock Exchange. The company stated that the core objectives of launching the H-share listing will focus on in-depth deployment in overseas markets, expansion of international business territories, and supplementation of overseas operational funds.