PURE has introduced a new battery-based grid storage product, named PuREPower Grid, with a capacity of 5 MWh, in Delhi.

The company intends to invest Rs 400 crore over the next 18 to 36 months to broaden its range of energy storage products, aiming to increase its production capacity from 250 MWh to 2.5 GWh.

This investment, funded by a combination of equity and debt, builds upon the more than Rs 100 Crore previously invested in R&D, establishing production facilities, and battery manufacturing.

PURE has also filed over 120 IPs, demonstrating its strong focus on innovation