Waaree Renewable Technologies Limited (WAAREERTL), a subsidiary of Waaree Energies Limited, has received a Letter of Award (LOA) to carry out the Engineering, Procurement, and Construction (EPC) work for a Ground Mount Solar Power Project with a total capacity of 150 MWac / 217.5 MWp.
As per the company’s exchange filing, the order—valued at approximately Rs 156.66 crore (excluding taxes)—was awarded by a leading domestic renewable energy firm. The project is scheduled for completion in the financial year 2026–27, according to the agreement’s terms.
This order enhances Waaree’s expanding portfolio of large-scale EPC contracts in India, further solidifying its leadership in the country’s renewable energy sector. The company confirmed that this is a commercial order and that neither the promoter group nor any related parties have any interest in the awarding company.
The official communication, signed by Heema Shah, Company Secretary of Waaree Renewable Technologies Limited, was received on October 15, 2025, at 12:13 p.m. (IST).
With this achievement, Waaree Renewable Technologies continues to grow its presence in India’s clean energy sector, supporting the government’s goal of reaching 500 GW of renewable energy capacity by 2030.
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