Prostarm Info Systems Limited , a leading player in the power solutions sector, has taken a significant step towards expanding its presence in the energy storage market. The company announced the incorporation of a wholly-owned subsidiary, Prostarm Bihar Bess Private Limited, on August 19, 2025. This new entity will serve as a Special Purpose Vehicle (SPV) for an ambitious Battery Energy Storage System (BESS) project in Bihar.

Project Details

The subsidiary has been formed to set up a 30MW/120 MWh standalone Battery Energy Storage System under the Tariff Based Competitive Bidding (TBCB) mode. The project will be implemented at various Grid Sub-Station (GSS) locations of Bihar State Power Transmission Company Limited (BSPTCL). Notably, the project will receive Viability Gap Funding (VGF) support and will be executed under the Build, Own, Operate, and Transfer (BOOT) model.

Subsidiary Structure

Prostarm Bihar Bess Private Limited has been incorporated with an authorized capital of ₹15.00 lakh, divided into 1.5 lakh equity shares of ₹10.00 each. The company has subscribed to an initial capital of ₹5.00 lakh, comprising 50,000 equity shares. Prostarm Info Systems Limited holds 100% shareholding in this new subsidiary through cash subscription.

Strategic Importance

This move aligns with Prostarm's strategic expansion into the high-growth energy storage sector. The BESS project in Bihar is expected to play a crucial role in enhancing grid stability and supporting the integration of renewable energy sources in the state.

Market Outlook

The incorporation of this subsidiary comes at a time when India's BESS market is poised for significant growth. Industry projections suggest that the country's BESS capacity could expand from less than 0.20 GW currently to 66.00 GW by 2032, representing a massive opportunity for companies like Prostarm.

Future Prospects

While the subsidiary is yet to commence business operations, this development positions Prostarm Info Systems to capitalize on the burgeoning demand for energy storage solutions in India. The project in Bihar could serve as a springboard for the company to secure similar projects across the country, potentially driving long-term growth and revenue.

As the renewable energy sector continues to expand and grid modernization efforts intensify, Prostarm's entry into the BESS market through this subsidiary could prove to be a strategic move in diversifying its portfolio and strengthening its position in the power solutions industry.

Prostarm Info Systems Limited , a leading player in the power solutions and computing sector, has released its investor presentation for Q1 FY26, showcasing robust financial performance and significant expansion in its Battery Energy Storage Systems (BESS) business.

Financial Highlights

For the quarter ended June 30, 2025, Prostarm Info Systems reported:

The company's strong order book of ₹3,137.00 million underscores its solid market position and future growth potential.

BESS Projects and Expansion

Prostarm has secured significant BESS projects, reinforcing its commitment to the renewable energy sector:

• A ₹520.00 million order from Adani Electricity for a 22 MWh capacity project
• Letter of Award (LOA) from Bihar State Power for a 120 MWh BOOT (Build, Own, Operate, Transfer) project

In a strategic move to capitalize on the growing demand for energy storage solutions, Prostarm is establishing a new BESS manufacturing facility:

• Location: Haryana
• Annual Capacity: 1.2 GWh
• Capex: ₹250.00 million
• Expected Commissioning: By the end of FY26

Business Segments

Prostarm Info Systems operates across five diverse business segments, contributing to its FY25 revenue as follows:

1. Manufactured Power Solution Products: 35%
2. Third Party Power Solution Products: 32%
3. End User Computing: 27%
4. Solar EPC Contracts: 5%
5. Value-Added Services: 1%

Company Overview

With over 17 years of industry experience, Prostarm Info Systems has established a strong presence in the market:

• Manufacturing Units: 3
• Dealer Network: 409
• Installations: Over 200,000 pan-India

The company's diverse business portfolio, extensive dealer network, and focus on emerging technologies like BESS position it well for sustained growth in the power solutions and computing sectors.

As Prostarm Info Systems continues to expand its BESS capacity and secure large-scale projects, it demonstrates its commitment to addressing the growing demand for reliable power solutions and energy storage systems in India's evolving energy landscape.