Announced Thu, 16 Jul · 14:43 IST
Waaree ESS starts India's advanced automated BESS container facility
WAAREEENER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹2812.70
prior close
₹2812.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+0.5+0.5+0.5+0.9+0.4-3.1-4.1-3.4-2.5————
Up moveDown movePending
AI summary
Waaree ESS, a subsidiary of Waaree Energies, commenced its BESS container manufacturing facility with 5.15 GWh capacity, uprated from the originally planned 3.5 GWh. This is the first milestone in a 20 GWh roadmap. In the current financial year, the company plans to operationalize 5.15 GWh of battery pack manufacturing and 3.5 GWh of lithium cell manufacturing. The facility uses Industry 4.0 tech and automated assembly lines for utility-scale and commercial and industrial applications.
Likely market impact
Positive: capacity uprated from 3.5 GWh to 5.15 GWh supports growth in India's energy storage market and clean energy transition.