Waaree Energies approves ₹39 billion solar glass investment
pre-market1 source ↓written by the desknot a recommendation
- for a solar
- ₹39 billion
- a capacity
- 2,500 MT per day
- stake increase
- ₹1.9 billion
- its ownership
- 75.10%
Waaree Energies has approved ₹39 billion for a solar glass manufacturing facility through its subsidiary, Waaree Green Glass, with a capacity of 2,500 MT per day. Additionally, it will acquire a ₹1.9 billion stake increase in Waaree Transpower, raising its ownership to 75.10%. This move aims to enhance capacity and vertical integration in its supply chain.
Not investment advice. For informational purposes only.