Waaree Renewable Technologies Ltd., a subsidiary of Waaree Energies Limited, has announced that it has received a term sheet for the execution of a massive 2012.47 MWp DC solar photovoltaic (PV) project. The company will be responsible for the Engineering, Procurement, and Construction (EPC) of the ground-mounted solar project, which represents a significant step in India’s renewable energy sector.
The project, awarded by a domestic entity, is valued at ₹1,234 crore (excluding taxes). Waaree Renewable will develop the project under commercial terms, with the time period for execution to be mutually agreed upon.
This order underlines Waaree’s continued leadership in the renewable energy sector and aligns with India’s push toward achieving greater energy sustainability. With its robust EPC capabilities, Waaree Renewable is poised to deliver one of the country’s largest solar projects, reinforcing its market presence and commitment to clean energy solutions.
