According to CNBC-TV18, Waaree Renewable Technologies has secured a Letter of Award (LoA) valued at Rs 990.6 crore for the execution of an Engineering, Procurement, and Construction (EPC) solar power plant. The plant boasts a capacity of 980 MWp/700 MWac.
#JustIn | Waaree Renewable Technologies gets LoA worth Rs 990.6 cr for execution of EPC solar power plant of 980 MWp/700 MWac pic.twitter.com/1exnQWrplk
— CNBC-TV18 (@CNBCTV18Live) February 20, 2024
Following this announcement, the company’s shares surged nearly 5% higher, reaching ₹4,650.15.
