Waaree Acquires 55% Equity Stake in Power Transmission Firm APSL
The acquisition of the majority stake is for a consideration of ₹12.25 billion
January 27, 2026
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Waaree Renewable Technologies (WRTL), the engineering, procurement, and construction (EPC) arm of the Waaree Group, has announced the acquisition of approximately 55% of equity stake in power transmission and distribution company Associated Power Structures’ (APSL) for a total consideration of around ₹12.25 billion (~$133.6 million).
