Waaree Renewable acquires 55% stake in Associated Power
pre-market1 source ↓written by the desknot a recommendation
- Power Structures
- ₹1,225 cr
- for FY 2025
- ₹1,226.64 cr
Waaree Renewable Technologies' board approved the acquisition of 55% stake in Associated Power Structures for ₹1,225 cr. This move aligns with WRTL's strategy to enhance its clean energy ecosystem, leveraging ASPL's strong execution in power infrastructure. ASPL reported a turnover of ₹1,226.64 cr for FY 2025, boosting WRTL's capabilities in renewable generation and EPC.
Not investment advice. For informational purposes only.