Waaree Energies has announced the incorporation of Hydro Bloom Energy Private Limited as a wholly-owned step-down subsidiary. The incorporation date was December 18, 2025. This new entity is under Waaree Forever Energies Private Limited. The move is aimed at facilitating and holding specific power projects under the IPP framework, expanding Waaree’s footprint in the renewable energy sector.
Hydro Bloom Energy Incorporated
Waaree Energies has expanded its corporate structure by incorporating a new wholly-owned step-down subsidiary, Hydro Bloom Energy Private Limited. The incorporation took place on December 18, 2025, marking a strategic move to enhance the company’s focus on specific power projects.
Subsidiary Details
Hydro Bloom Energy Private Limited is a subsidiary of Waaree Forever Energies Private Limited (WFEPL). WFEPL holds 100% of Hydro Bloom Energy’s share capital. The company’s primary objective is to facilitate and hold specific power projects within the Independent Power Producer (IPP) framework. The entity is registered in Mumbai and is yet to commence its business operations.
Strategic Rationale
The incorporation of Hydro Bloom Energy aligns with Waaree Energies’ broader strategy to consolidate and manage its power projects more efficiently. This structure allows for dedicated focus and potentially streamlined operations for projects within the IPP framework.
Source: BSE