Waaree subsidiary plans 16 GWh battery gigafactory in Andhra Pradesh
Waaree Energy Storage Solutions Private Limited, a wholly owned subsidiary of Waaree Energies Limited, is in discussions with the Government of Andhra Pradesh to set up an integrated lithium-ion battery gigafactory with a proposed investment of about Rs 8,175 crore. The facility is proposed at Rambilli in Anakapalli district and is planned with a manufacturing capacity of 16 GWh for advanced chemistry storage cells and Battery Energy Storage Systems (BESS). The proposed facility is structured…
