Independent Power Producers

In a regulatory filing dated 23 December 2025, Waaree Energies Limited stated that its wholly owned subsidiary, Waaree Forever Energies Private Limited (WFEPL), had received certificates of incorporation for ten new step-down subsidiaries. The entities have been set up as Independent Power Producers (IPPs) to hold specific power projects under the IPP framework. The subsidiaries, all incorporated in India and registered with the Registrar of Companies in Mumbai, are: Lumina Greentech Private Limited, Prithvi Vayu…

Waaree Energies Limited announced on 16 December 2025 that its wholly owned subsidiary, Waaree Forever Energies Private Limited, has incorporated two new wholly owned subsidiaries, Windora Energy Private Limited and Agni Vayu Energy Private Limited. The two entities were incorporated in India on 16 December 2025 and are registered with the Registrar of Companies (RoC), Mumbai. Both companies have been classified as Independent Power Producers (IPPs) and have been established solely to facilitate and hold…