03 Oct , 2025 By : Debdeep Gupta
Waaree Energies' largest investment of around Rs 8,000 crore will be directed towards scaling up the lithium-ion advanced chemistry storage cell and battery energy storage systems (BESS) plant from 3.5 GWh to 20 GWh.
Waaree Energies Ltd share price jumped over 3% on Friday after the company cleared capital expenditure plans of about Rs 8,175 crore to expand capacity across its energy storage, electrolyser, and inverter businesses. Shares of the company were trading at Rs 3,434.2 in the morning session on Tuesday, following the announcement.
Waaree Energies' largest investment of around Rs 8,000 crore will be directed towards scaling up the lithium-ion advanced chemistry storage cell and battery energy storage systems (BESS) plant from 3.5 GWh to 20 GWh, under its subsidiary Waaree Energy Storage Solutions Pvt Ltd.
Additionally, the board approved an expansion of the electrolyser manufacturing plant from 300 MW to 1,000 MW annual production capacity, requiring a capex of about Rs 125 crore in Waaree Clean Energy Solutions Pvt Ltd.
The inverter manufacturing plant capacity will also be increased from 3 GW to 4 GW, with an incremental capex of about Rs 50 crore in Waaree Power Pvt Ltd.
Waaree Energies stock touched a day’s high of Rs 3,469.00 and a low of Rs 3,359.00 so far in today's trading session. Over the past year, Waaree has surged nearly 47 percent, trading between Rs 1,863.00 and Rs 3,865.00. It currently trades at a price-to-earnings multiple of 43.54.
The company said the move is aimed at strengthening its clean energy and allied businesses to meet rising demand across domestic and global markets. The board meeting concluded at 7:30 p.m on Wednesday, 1 October.
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