Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, has successfully signed a work order for executing Engineering, Procurement, and Construction (EPC) services for a solar power project with a capacity of 285 MWp. The company made this announcement through a regulatory filing, highlighting significant progress in its renewable energy initiatives.
The contract was awarded by a leading Independent Power Producer (IPP) company. As per the details provided under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the order is a commercial contract valued at 285 MWp. The project is expected to be completed during the financial year 2027-28.
This contract marks a domestic engagement, as both the awarding entity and Waaree Renewable Technologies are based in India. The company emphasised that there are no related party transactions involved in this contract, ensuring transparency and compliance with regulatory standards.
The official communication from Waaree Renewable Technologies indicated that the letter of award was received on 6th November 2026. This new order is in line with the company's strategy to expand its ...