Smart Meter Manufacturing Expansion
Sector: Power Generation (CCGT) • Location: India
Source: TradingView
Waaree Power, a subsidiary of Waaree Energies, will subscribe to 76% of the share capital of Racemosa Energy (India), which manufactures smart meters, for Rs 53 crore. Post this transaction, Racemosa Energy will become a step-down subsidiary of Waaree Energies.
- Status
- Prospective
- Sector
- Power Generation (CCGT), Rail, Manufacturing (Industrial)
- Location
- India
- Updated
- 22 Jul 2026
- Source
- TradingView
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Project Information
Participants
| Not available for this record. |
Status
Original status | investment made |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Waaree Power, a subsidiary of Waaree Energies, will subscribe to 76% of the share capital of Racemosa Energy (India), which manufactures smart meters, for Rs 53 crore. Post this transaction, Racemosa Energy will become a step-down subsidiary of Waaree Energies. |
Original sector | Energy |
Budget |
Location
Country | India |
Source
Source | TradingView |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Rail, Manufacturing (Industrial) |
Article published date | 2025-09-21 |
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