Waaree Energies Issues Clarification on Andhra Pradesh Battery Giga-Factory Investment Reports
Waaree Energies Issues Clarification on Andhra Pradesh Battery Giga-Factory Investment Reports is drawing significant interest across the industry.
Waaree Energies Limited issued a regulatory clarification on February 19, 2026, regarding media reports about an ?8,175 crore battery giga-factory investment in Andhra Pradesh. The company confirmed its Board had previously approved expanding Lithium-Ion Advanced Chemistry Storage Cells and BESS manufacturing capacity from 3.5 GWh to 20 GWh on October 01, 2025, with approximately ?8,000 crores additional capex through subsidiary Waaree Energy Storage Solutions Private Limited. The company is currently in discussions with Andhra Pradesh and other state governments for the proposed greenfield facility, emphasizing no unpublished price sensitive information is pending disclosure.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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