Waaree expands EPC footprint with ₹1,225 cr acquisition
pre-market1 source ↓written by the desknot a recommendation
- in Associated Power
- 55% stake
- US$129 million
- ₹1,225 cr
Waaree Renewable Technologies Limited has acquired a 55% stake in Associated Power Structures Private Limited for ₹1,225 cr (US$129 million). This acquisition enhances Waaree's EPC capabilities in the renewable energy sector, positioning it to deliver comprehensive solutions to power utilities and developers. The move aligns with Waaree's vision to advance its operational strengths and market presence.
Not investment advice. For informational purposes only.