Waaree Renewable Share Price in Focus Today; Launches Subsidiary 'Sunsational Power'

Waaree Renewable Technologies has launched a wholly owned subsidiary, Sunsational Power Private Limited, to drive the expansion of renewable energy projects in India. The move reflects the company’s broader strategy to scale its presence in the clean energy sector amid rising national demand for sustainable power solutions. 

Sunsational Power to Focus on Solar and Green Energy Projects 

Sunsational Power will be responsible for generating, transmitting, distributing, and selling electricity from non-conventional sources such as solar, wind, and hydro. It will also act as an EPC contractor, managing the design, construction, and maintenance of renewable power infrastructure across India. 

In addition to developing solar parks and green energy systems, Sunsational Power will oversee the commissioning and operation of energy generation plants. The firm is structured to manage end-to-end project execution for clean energy initiatives. 

Waaree Renewable has invested ₹1 lakh in the subsidiary, owning 100% equity through 10,000 shares of ₹10 each. The certificate of incorporation is pending. 

Also Read: Waaree Energies to Acquire Kamath Transformers in ₹293 Crore Deal. 

Waaree Renewable Share Price 

On May 21, 2025, shares of Waaree Renewable Technologies (NSE: WAAREERTL) opened at ₹1,024, higher than its previous close at ₹1,021. At 1.31 PM, the share price of Waaree Renewable Technologies was trading at ₹1,009.70, down by 1.11% on the NSE. In the previous session, the share price declined 2.10% to ₹1,021.

Conclusion 

Waaree Renewable’s formation of Sunsational Power signals a focused effort to deepen its involvement in India’s clean energy transition. The subsidiary is expected to support long-term growth by developing and managing scalable renewable energy infrastructure nationwide. 

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