Waaree Energies Plans 20 GW Battery Manufacturing Facility Starting FY27
Published on: Jan. 22, 2026, 9:12 p.m. | Source: scanx.trade
Waaree Energies announces plans for a 20 GW battery manufacturing facility starting FY27, backed by ₹1,000 crore equity funding and ₹25,000 crore capex over 24 months. The project will be developed in two phases with 3.5 GW capacity in FY27 and 16.5 GW in FY28. The company's Oman polysilicon facility nears completion with trial production expected this quarter, while US operations expand to 4 GW total planned capacity.
