Waaree Energies capex

Waaree Energies has approved two capital allocation decisions that extend its manufacturing presence into solar glass and power transformers. The larger is a Rs 3,900 crore outlay to build a glass manufacturing plant under its wholly owned subsidiary, Waaree Green Glass Private Ltd. The facility will produce 2,500 tonnes of glass per day, financed through a mix of debt and internal cash flows, the company said in a regulatory filing. The board also approved increasing…