Waaree Energies approves ₹39 billion solar glass investment
after close1 source ↓written by the desknot a recommendation
- investment to establish
- ₹39 billion
- production capacity
- 2,500 MT per day
- Waaree Transpower
- 64.04% to 75.10%
- acquisition
- ₹1.9 billion
Waaree Energies has approved a ₹39 billion investment to establish a solar glass manufacturing facility via its subsidiary, Waaree Green Glass, with a production capacity of 2,500 MT per day. Additionally, it plans to increase its stake in Waaree Transpower from 64.04% to 75.10% through a ₹1.9 billion acquisition, aimed at enhancing capacity and vertical integration.
Not investment advice. For informational purposes only.