Dr Vivek Bindra’s Bada Business Investee Luno Solar Plans Battery Facility

Simran

Oct 15, 2026 - 17:18

Press Release

Read more on hindustanmetro.com

15 Oct 2026

Dr Vivek Bindra’s Bada Business Investee Luno Solar Plans Battery Facility

Narmadapuram [Madhya Pradesh, India], October 13: Luno Solar, an investee company of Bada Business associated with entrepreneur and investor Dr Vivek Bindra, is incorporating battery energy storage manufacturing into its proposed renewable-energy manufacturing park in Madhya Pradesh. The company held the groundbreaking ceremony for the Luno Renewable Park on 12 October 2026 at the Mohasa-Babai Industrial Area in Narmadapuram. The planned 45-acre facility will bring solar cells, modules, inverters and battery energy storage systems into one integrated manufacturing ecosystem.

The association with Bada Business through its Idea to IPO initiative forms part of Luno Solar’s wider business-growth story. With battery energy storage included alongside solar cells, modules and inverters in its planned manufacturing ecosystem, the company is looking beyond conventional solar equipment towards a broader portfolio of clean-energy technologies.

Why storage matters to solar power

Solar generation depends on sunlight, which means electricity production varies throughout the day. Battery energy storage systems can store electricity for later use, helping address the gap between periods of generation and demand. Storage is therefore an important part of the wider effort to integrate renewable energy into power systems.

Luno’s proposed facility includes a 1.2 GW battery energy storage system manufacturing line, alongside planned capacities of 2.4 GW each for solar cells and modules and 1.2 GW for inverters. The company’s first-phase estimates also envisage approximately 250 lithium batteries per day. This daily estimate should be read as a planned production figure; the company has not specified the separate commissioning date for the battery line.

An integrated solar and storage ecosystem

The proposed park is designed to bring generation equipment and storage manufacturing together. Solar cells form the basis of photovoltaic modules, while inverters support the conversion of electricity for use in electrical systems. Battery storage adds another component to the overall solution by enabling electricity to be retained for later use.

This integrated model is intended to support coordination across manufacturing stages and allow the company to develop a broader offering for solar and storage applications. It also aligns with India’s wider renewable-energy ambitions, where increasing the share of variable renewable sources makes system flexibility and storage increasingly relevant.

“Solar generation and energy storage address different but connected needs. As India expands renewable energy, developing manufacturing capabilities in both areas can help strengthen the wider ecosystem required to produce, manage and use clean electricity,” said Dr Vivek Bindra, entrepreneur and investor.

Phased development

Luno expects module manufacturing to begin within three months of the groundbreaking and the first batch of solar cells within nine months, subject to project execution. The overall facility is planned to be developed in phases.

The project remains under development, but its proposed battery-storage line demonstrates that Luno’s manufacturing plans extend beyond solar panels to include a technology that can support the broader integration of renewable energy.