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Waaree Energies’ arm incorporates wholly-owned subsidiaries

24 Dec 2025 Evaluate

Waaree Energies’ wholly-owned subsidiary -- Waaree Forever Energies has incorporated ten wholly-owned subsidiaries. The Certificates of Incorporation for the subsidiaries have been received on December 23, 2025. The companies are incorporated solely for the purpose of facilitating and holding specific power projects under the IPP framework.

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
Apar Industries 17809.25
Havells India 1091.00
Suzlon Energy 40.74
Siemens 3852.65
ABB India 7115.00
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