Waaree Energies Greenlights Rs 81.75 Bn Capex for Battery Expansion

06 Oct 2025 CW Team

Waaree Energies has received board approval for a Rs 81.75 billion capital expenditure plan to expand its manufacturing capacities for lithium-ion batteries, electrolysers, and inverters, marking a major step in its clean energy growth strategy. The move reinforces the company’s commitment to support India’s energy transition and the increasing demand for energy storage and power conversion systems.

As part of the plan, Waaree will scale up its lithium-ion battery plant capacity from the current 3.5 GWh to 20 GWh, representing a five- to sixfold increase. This expansion is expected to strengthen the company’s position in the fast-evolving battery storage market. Additionally, Waaree has allocated Rs 3 billion for its subsidiary focusing on lithium-ion cell manufacturing, aligning with its goal of deeper vertical integration.

The approved capex also includes expansion of inverter and electrolyser manufacturing capacities, both crucial components in renewable energy and green hydrogen ecosystems. Inverters convert solar-generated DC electricity into AC for grid use, while electrolysers enable hydrogen production for clean fuel applications.

Industry analysts view the move as a bold and strategic step by Waaree to establish itself as a comprehensive clean energy solutions provider, at a time when competition in battery storage and green power equipment is intensifying globally.

Although detailed timelines and funding structures are yet to be announced, the scale of investment reflects the company’s strong confidence in India’s renewable energy and electrification growth trajectory. The expansion is also expected to create positive ripple effects across battery materials, power electronics, and clean energy supply chains, bolstering India’s domestic manufacturing capabilities.

News source: BusinessWorld

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..