Private Equity PE-VC Fund Investments
RDI Fund to invest Rs.43-Cr in BESS firm Replus Engitech
Pune-based Replus Engitech , a subsidiary of Bhilwara Energy, has been awarded a Rs.43-Cr grant by the Government of India's Research, Development and Innovation (RDI) Fund.Replus focuses on the development of advanced Battery Energy Storage System (BESS) technologies. The company plans to use the funds to support research, strengthen indigenous technology capabilities, and accelerate innovation in energy storage.