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Waaree Energies makes investment of Rs 300 crore in Waaree Energy Storage Solutions

25 Sep 2025 Evaluate

Waaree Energies has made an investment amounting to Rs 300 crore in Waaree Energy Storage Solutions, a wholly-owned subsidiary of the Company, through rights issue. The objective of investment is to set up Lithium-Ion Advanced Chemistry Storage Cell manufacturing plant.

Waaree Energies is primarily engaged in the business of manufacture of solar photo-voltaic modules, setting up of projects in solar space and sale of electricity.

Peers
Company Name CMP
Waaree Energies 2513.65
Apar Industries 17646.70
Havells India 1112.30
Suzlon Energy 40.65
Siemens 3660.70
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