Waaree Energies Secures ₹1,003 Cr Funding for 20 GWh Battery Factory

Share Market
C
CNBC Awaaz•05-01-2026, 17:33
Waaree Energies Secures ₹1,003 Cr Funding for 20 GWh Battery Factory
- •Waaree Energies' subsidiary, WESSPL, secured ₹1,003 crore in strategic funding after market close on Monday.
- •The funding is for a 20 GWh advanced lithium-ion cell and battery pack manufacturing factory.
- •This investment, part of a ₹10,000 crore capex, will boost India's clean energy transition and energy security.
- •The new factory will produce high-performance battery cells for utility-scale storage, e-mobility, and distributed energy.
- •Waaree Group is evolving into a fully integrated energy transition player, offering end-to-end clean energy solutions.
Why It Matters: Waaree Energies' ₹1,003 Cr funding for a 20 GWh battery factory marks a major step in India's clean energy future.
✦
More like this
Loading more articles...





