OMC Power

  • India | News | Renewable Energy

    Honda Motor acquires stake in OMC Power

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    Honda Motor Company has acquired an equity stake in India-based OMC Power to jointly develop clean energy storage solutions using repurposed electric vehicle batteries. The collaboration aims to extend the lifecycle of Honda’s detachable batteries and deploy them for distributed energy storage across rural and semi-urban areas. OMC Power, backed by Mitsui & Co. and Chubu Electric Power, operates more than 500 renewable energy plants across northern and central India. The company supplies electricity to…

  • India | News

    Chubu Electric increases stake in OMC Power to over 35%

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    Japan’s Chubu Electric has increased its investment in OMC Power, raising its stake from 20% to over 35%, becoming the largest shareholder.  This additional funding will support OMC Power in commissioning 100 MW of energy transition projects and expanding operations in India and South Africa. OMC Power currently operates over 500 clean energy plants, supplying power to telecom towers, institutional rooftops, commercial and industrial sectors, and providing power distribution to rural and underserved areas. Mitsui…