Waaree Acquires 55% Equity Stake in Power Transmission Firm APSL

The acquisition of the majority stake is for a consideration of ₹12.25 billion

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Waaree Renewable Technologies (WRTL), the engineering, procurement, and construction (EPC) arm of the Waaree Group, has announced the acquisition of approximately 55% of equity stake in power transmission and distribution company Associated Power Structures’ (APSL) for a total consideration of around ₹12.25 billion (~$133.6 million).

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS