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December 23,2024

Waaree Energies Rs 850 Crore Investment in Electrolyzer and Battery Plants

Waaree Energies has announced an investment of Rs 850 crore to set up a 300 MW electrolyzer manufacturing plant and a 3.5 GWh lithium-ion battery cell plant. The capacity will be built under the PLI tender issued by the MNRE. This move is part of the company's broader strategy to support the production of Green Hydrogen, providing clean energy alternatives.

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