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Waaree Renewable to buy 55% stake in Associated Power Structures for Rs 1225 crore
Business
Published on 8 May 2026
A June 2026 switch will reshape the company
Waaree Renewable Technologies plans to acquire a 55 percent stake in Associated Power Structures for Rs 1,225 crore. Once completed, Associated Power Structures will become a subsidiary of Waaree by June 15, 2026. The sizable investment signals an aggressive push to consolidate position and accelerate expansion in India’s renewable energy space.
- Waaree will pay Rs 1,225 crore for a 55% stake
- Associated Power Structures will become a Waaree subsidiary
- The transition is targeted by June 15, 2026
- Deal highlights renewed consolidation in renewables
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times