Waaree Energies approved ₹3,900 crore capital expenditure to establish a 2,500 TPD glass manufacturing plant through its wholly owned subsidiary, Waaree Green Glass. The company also increased its stake in Waaree Transpower from 64.04% to 75.10%, strengthening control over the subsidiary. The capex, funded via debt and internal accruals, reflects a strategic move toward backward integration, enhancing supply chain capabilities and supporting long-term growth in solar manufacturing and related operations.
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