ReferIndia News Waaree Energies Raises ₹1,003 Crores for 20 GWh Lithium-Ion Battery Manufacturing Facility

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Waaree Energies Raises ₹1,003 Crores for 20 GWh Lithium-Ion Battery Manufacturing Facility

Published on: Jan. 6, 2026, 7:49 a.m. | Source: scanx.trade

Waaree Energies has raised ₹1,003.00 crores to fund a 20 GWh lithium-ion battery manufacturing facility. This strategic expansion into energy storage represents a significant diversification from the company's traditional renewable energy focus. The substantial funding will enable large-scale battery manufacturing capabilities, positioning the company to serve the growing demand for energy storage solutions in India's renewable energy sector.

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