PowerBank is a brand owned by Shuchi Anant Virya Pvt. Ltd.

Formed as a joint venture between Fourth Partner Energy & Lithium Urban Technologies in 2019, Shuchi Anant Virya Pvt. Ltd through PowerBank aims to drive sustainable mobility in India by bridging the gaps in our charging infrastructure and technology. The transition to green mobility is no longer an aspiration but a necessity, and PowerBank is leading the way to make EVs accessible and affordable to all Indians.

Our Lineage

Powerbank is at the forefront of EV Tech by lineage! Our parent companies are Lithium Urban Technologies – India’s first zero-emission transport service and the biggest electric E-Mobility player in the market and Fourth Partner Energy – one of India’s largest Distributed Solar Companies.

Lithium Urban Technologies is the largest operator of electric cars in India, providing services to 50+ marquee clients since 2015 with a presence in 15+ cities. Lithium has recently expanded its offers to corporate clients by delivering large-form factor buses and freight management systems employing a 100% electric fleet. Early this year, EverSource Capital invested in Lithium Urban Technologies for a majority stake and Lithium will be their core platform for providing B2B e-mobility solutions across passenger and freight segments.

Fourth Partner Energy is India’s leading distributed solar energy firm focusing on building and financing solar projects across the private and public sectors for commercial, industrial and institutional entities. It is a full-services Renewable Energy Services Company (RESCO) that offers end-to-end capabilities including Evaluation, Design, Planning, Procurement, Construction, Operation, Maintenance and Financing of critical solar infrastructure. Fourth Partner Energy is backed by TPG’s The Rise Fund, Norfund, Bank of America & US Aid.

With such a distinguished pedigree, we bring together unparalleled domain expertise in distributed energy and in urban mobility. As we bridge the gap in the demand and supply of renewable power and green mobility, the synergies of our parent companies add real momentum and advantage to our value proposition and end product.