Waaree Sets Eye on the Booming Power Transformers Manufacturing Industry

The acquisition is likely to be completed in FY 2026

May 20, 2025

/ Melvin Mathew
/ Manufacturing, Solar
thumbnail

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


Solar module manufacturer Waaree Energies has announced it will acquire transformer manufacturer Kamath Transformers and independent power producer (IPP) Green New Delhi Forever Energy at a cumulative cost of over ₹2.93 billion (~$34.25 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.

Already have an account? Sign In

Register for free

thumbnail

Melvin Mathew

More articles from Melvin Mathew.
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS