Waaree Energies Subsidiary Partners ZFI for Uttar Pradesh Green Hydrogen Initiative
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Waaree Energies Arm Signs Pact for 2.5 MW Green Hydrogen Project in UP
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CNBC TV18•23-02-2026, 16:29
Waaree Energies Arm Signs Pact for 2.5 MW Green Hydrogen Project in UP
•Waaree Clean Energy Solutions signs "Electrolyzer-as-a-Service" (EaaS) agreement with ZFI.
•The pact is for a 2.5 MW electrolyzer project in Uttar Pradesh, supporting ZFI’s green hydrogen expansion.
•Companies also signed an MoU for 50 MW electrolyzer supply via EaaS route.
•Waaree Energies is discussing a greenfield battery manufacturing facility with state governments, including Andhra Pradesh, with an investment over ₹8,000 crore.
•The company reported strong Q3 earnings: net profit up 26% to ₹1,062 crore, revenue up 24.7% to ₹7,656 crore.
