Waaree Renewable Technologies Secures INR 96 Cr Solar EPC Contract
Filing Summary
Waaree Renewable Technologies Ltd, a subsidiary of Waaree Energies Ltd, has received a Letter of Award for an Engineering, Procurement, and Construction (EPC) project. The project involves a Ground Mount Solar Power Project with a capacity of 28.60 MWac/39.80 MWp. The contract, valued at approximately INR 96 Crore excluding taxes, is awarded by a domestic entity. The project is scheduled for completion in the financial year 2026-27. The order does not involve any related party transactions, and there is no promoter interest in the awarding entity.
Waaree Renewable Technologies Ltd, a subsidiary of Waaree Energies Ltd, has been awarded a Letter of Award for the execution of an Engineering, Procurement, and Construction (EPC) project. The project pertains to a Ground Mount Solar Power Project with a capacity of 28.60 MWac/39.80 MWp on a turnkey basis. The award was received from a domestic entity, and the contract is valued at approximately INR 96 Crore, excluding taxes.
The project is scheduled to be completed during the financial year 2026-27. The order is classified as a commercial order and does not involve any related party transactions. Additionally, there is no interest from the promoter or promoter group in the entity that awarded the contract.
The details of the order were disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Circular dated July 13, 2023. The company received the intimation of the award on December 30, 2025.
Waaree Renewable Technologies Ltd focuses on providing comprehensive solar energy solutions, including EPC services for solar power projects. The company is part of the Waaree Group, which is involved in manufacturing solar panels and offering solar energy solutions. The company aims to expand its footprint in the renewable energy sector through strategic projects and collaborations.