Waaree Energies Limited announced the incorporation of WCES Two Private Limited on August 4, 2026. This new entity is a wholly-owned subsidiary of Waaree Clean Energy Solutions Private Limited, which itself is a wholly-owned subsidiary of Waaree Energies. The primary objective of WCES Two Private Limited is to engage in the hydrogen business, specifically focusing on supplying green hydrogen.
New Subsidiary for Green Hydrogen Operations
Waaree Energies Limited has officially announced the incorporation of a new step-down subsidiary, WCES Two Private Limited. The incorporation date was August 04, 2026. This new entity is wholly owned by Waaree Clean Energy Solutions Private Limited, which is itself a wholly-owned subsidiary of Waaree Energies Limited.
Focus on Green Hydrogen Business
The primary purpose for establishing WCES Two Private Limited is to operate within the hydrogen business sector. Specifically, the subsidiary has been incorporated for the purpose of supplying green hydrogen. The company has stated that the entity is newly incorporated and therefore has no turnover at present. It is registered with the Registrar of Companies, Mumbai, and is yet to commence its business operations.
Source: BSE