Waaree Renewable Technologies Limited has signed a significant contract for the execution of Engineering, Procurement, and Construction (EPC) works of a Ground Mount Solar PV Plant with a capacity of 300MWac/420MWp. The project is set to be completed during the financial year 2027-28.
The contract, awarded by a domestic entity involved in power generation using renewable energy, outlines the development of the solar plant under commercial terms. The order size is substantial, with the plant’s capacity reaching 300MWac/420MWp.
Waaree Renewable Technologies, a subsidiary of Waaree Energies Limited, confirmed that the contract does not involve any related party transactions and is not linked to the promoter group or group companies. This project marks a significant step in the company’s expansion within the renewable energy sector.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aman Shukla before publication.