Electrolution India Pvt Ltd

03/01/2026

Renewable energy update

Tenders: Over 7,121 MW of RE tenders were issued in December 2025 under the project development category.

SJVN has floated a tender to set up 2,000 MW of energy storage capacity from pumped storage projects (PSPs) across India.
EPC: Over 368 MW of EPC tenders were issued in December 2025.

Installed Capacity: From January to November 2025, about 33,981 MW of Solar and 5,821 MW of Wind capacity were added in the country, taking the cumulative RE capacity to ~262.7 GW. In December 2025, solar and wind capacity additions totalled 3,310 MW, representing a 7.9% increase compared to the previous month.

Auction Completed: In December 2025, about 250 MW of wind capacity was allocated to various RE developers under the project development category

Key deals/financing trends: In December 2025, a total of about US$ 2,469 Million in investments were made in the RE sector in India.

IEX GDAM Trend: The IEX traded a total volume of about 778 MUs in GDAM in December 2025, broadly in line with levels observed in the previous month. The average market clearing price in IEX-GDAM for December 2025 stood at INR 4.46/kWh.

Module price trends: In December 2025, domestic solar module prices registered a nominal decrease, with Mono PERC at INR 14.23/Wp and TOPCon at INR 14.60/Wp.
Policy and regulations: In this month, 22 central and 32 state-level policies/ notifications/ regulations/ orders were issued.

31/01/2025

29/10/2024

🌟 Wishing You a Green and Prosperous Dhanteras! 🌟

This Dhanteras, let’s celebrate not just wealth, but sustainable growth and a healthier future. At Electrolution, we are committed to driving eco-friendly change with our electric cargo cycles – the perfect blend of innovation and sustainability.

May this festival bring you prosperity, good health, and new beginnings. Let's move forward together towards a greener tomorrow! ♻️🚲💚

✨ Happy Dhanteras from all of us at Electrolution India! ✨

29/10/2024

Wishing you all a very Happy Dhanteras

24/09/2024

We are thrilled to announce that Electrolution is now officially recognized as a startup working in the field of EV by Department of Promotion of Industry and Internal Trade (DPIIT)

18/09/2024

🚀 Exciting News from Electrolution! 🚀

We are thrilled to announce that the design of our Electric Cargo Cycle has officially been registered by the Patent Office, Government of India! 🎉

This certificate of registration is a testament to our commitment to innovation, sustainability, and excellence in e-mobility solutions. With this recognition, Electrolution continues to lead the way in developing versatile and eco-friendly transportation options for the future. 🌱

A big thank you to our team, partners, and supporters who have been a part of this journey. Together, we are redefining the future of urban mobility. 🚴‍♂️⚡

Stay tuned for more updates as we continue to innovate and bring forward new solutions for a greener and more efficient world. 🌏

08/09/2024

Wishing everyone a joyous and eco-friendly Ganesh Chaturthi! May Lord Ganesha bless us with prosperity, wisdom, and sustainability. Let’s celebrate this festival with a commitment to a greener future, in harmony with nature. 🌿

06/09/2024

Electrolution India Announces Strategic Manufacturing Partnership with K.S. Munjal Industries (Citizen Group)

We are thrilled to announce a groundbreaking partnership between Electrolution India Pvt Ltd and K.S. Munjal Industries, a key member of the esteemed Citizen Group. This collaboration marks a significant milestone in our journey to revolutionize eco-friendly transportation with our state-of-the-art electric cargo cycles.

Leveraging the expertise of K.S. Munjal Industries in precision manufacturing and advanced engineering, we will bring to market a new generation of electric cargo cycles designed for versatility, durability, and sustainability.

With Citizen Group’s robust manufacturing infrastructure and commitment to quality, Electrolution will scale up the production of our innovative cargo cycles to meet the growing demand across India and globally.

This partnership is built on a shared commitment to reducing carbon footprints and promoting green mobility. Together, we aim to empower communities with eco-friendly transportation solutions that are as efficient as they are sustainable.

Comments from Leadership:
Suranjan Das, CEO and Co-Founder of Electrolution:
"This partnership is a game-changer for us at Electrolution. By joining forces with K.S. Munjal Industries, we are enhancing our production capabilities and setting a new standard for quality and innovation in the electric cargo cycle industry. Together, we are committed to designing and delivering products that embody sustainability and efficiency, catering to the evolving needs of our customers."

Mr. Manjinder Singh, MD and CEO of Citizen Components:
"Citizen Group has always been at the forefront of manufacturing excellence. Our collaboration with Electrolution aligns perfectly with our vision to drive the future through innovation and precision. We are excited to contribute our expertise to this venture, ensuring that Electrolution’s electric cargo cycles meet the highest standards of quality and performance."

About Electrolution India Pvt Ltd:
Electrolution is a pioneering company dedicated to designing and manufacturing innovative electric cargo cycles. Our mission is to create sustainable and efficient transportation solutions that empower communities and reduce environmental impact. With a focus on customization, versatility, and rider comfort, Electrolution is redefining the future of eco-friendly mobility.

About K.S. Munjal Industries (Citizen Group):
Founded in 1973, K.S. Munjal Industries is a leader in manufacturing automotive and bicycle components, renowned for its commitment to precision, quality, and innovation. As a core part of the Citizen Group, the company has a rich legacy of providing high-quality products to Tier 1 suppliers and OEMs both in India and globally. Their expertise in advanced manufacturing

technologies makes them an ideal partner for forward-thinking enterprises like Electrolution.

Electrolution is transforming urban mobility with our innovative e-cargo cycles. Our eco-friendly, customizable solutions cater to diverse needs—from last-mile deliveries to sustainable transport. Join in leading the charge towards a greener future

06/09/2024

Electrolution India Announces Strategic Manufacturing Partnership with K.S. Munjal Industries (Citizen Group)

We are thrilled to announce a groundbreaking partnership between Electrolution India Pvt Ltd and K.S. Munjal Industries, a key member of the esteemed Citizen Group. This collaboration marks a significant milestone in our journey to revolutionize eco-friendly transportation with our state-of-the-art electric cargo cycles.

Leveraging the expertise of K.S. Munjal Industries in precision manufacturing and advanced engineering, we will bring to market a new generation of electric cargo cycles designed for versatility, durability, and sustainability.

With Citizen Group’s robust manufacturing infrastructure and commitment to quality, Electrolution will scale up the production of our innovative cargo cycles to meet the growing demand across India and globally.

This partnership is built on a shared commitment to reducing carbon footprints and promoting green mobility. Together, we aim to empower communities with eco-friendly transportation solutions that are as efficient as they are sustainable.

Comments from Leadership:
Suranjan Das, CEO and Co-Founder of Electrolution:
"This partnership is a game-changer for us at Electrolution. By joining forces with K.S. Munjal Industries, we are enhancing our production capabilities and setting a new standard for quality and innovation in the electric cargo cycle industry. Together, we are committed to designing and delivering products that embody sustainability and efficiency, catering to the evolving needs of our customers."

Mr. Manjinder Singh, MD and CEO of Citizen Components:
"Citizen Group has always been at the forefront of manufacturing excellence. Our collaboration with Electrolution aligns perfectly with our vision to drive the future through innovation and precision. We are excited to contribute our expertise to this venture, ensuring that Electrolution’s electric cargo cycles meet the highest standards of quality and performance."

About Electrolution India Pvt Ltd:
Electrolution is a pioneering company dedicated to designing and manufacturing innovative electric cargo cycles. Our mission is to create sustainable and efficient transportation solutions that empower communities and reduce environmental impact. With a focus on customization, versatility, and rider comfort, Electrolution is redefining the future of eco-friendly mobility.

About K.S. Munjal Industries (Citizen Group):
Founded in 1973, K.S. Munjal Industries is a leader in manufacturing automotive and bicycle components, renowned for its commitment to precision, quality, and innovation. As a core part of the Citizen Group, the company has a rich legacy of providing high-quality products to Tier 1 suppliers and OEMs both in India and globally. Their expertise in advanced manufacturing technologies makes them an ideal partner for forward-thinking enterprises like Electrolution.

05/09/2024

To all the teachers in our life a big thank you 🙏