Waaree Energies’ shares rose 3% after securing a Letter of Award (LoA) for a major 180 MWp solar photovoltaic (PV) module supply contract. Awarded by a leading domestic renewable energy developer, this project underscores Waaree’s strong position in the industry.
Key Highlights:
- Awarding Entity: Reputed Indian renewable energy developer.
- Scope of Work: One-time supply of high-quality solar PV modules.
- Delivery Timeline: Commencement set for FY 2025-26.
- Project Scale: A significant 180 MWp order demonstrates Waaree’s capacity for large-scale renewable energy solutions.
Waaree Energies shares opened at 2,674.55, reaching a high of 2,721.00 and a low of 2,657.05. Over the past 52 weeks, the stock has hit a high of 3,743.00 and a low of 2,300.00.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
