Waaree Sets Eye on the Booming Power Transformers Manufacturing Industry

The acquisition is likely to be completed in FY 2026

May 20, 2025

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Solar module manufacturer Waaree Energies has announced it will acquire transformer manufacturer Kamath Transformers and independent power producer (IPP) Green New Delhi Forever Energy at a cumulative cost of over ₹2.93 billion (~$34.25 million).

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Melvin Mathew

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Waaree Sets Eye on the Booming Power Transformers Manufacturing Industry

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