Waaree Renewable Technologies Secures INR 103 Crore Solar EPC Contract
Filing Summary
Waaree Renewable Technologies Ltd has received a Letter of Award for an Engineering, Procurement, and Construction (EPC) contract for a Ground Mount Solar Power Project. The project involves a capacity of 25MWac/35MWp and includes Evacuation Infrastructure of 50MW. The contract, valued at approximately INR 103 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. Waaree Renewable Technologies is a subsidiary of Waaree Energies Limited.
Waaree Renewable Technologies Ltd has been awarded a Letter of Award (LOA) for the execution of an Engineering, Procurement, and Construction (EPC) contract. The project involves a Ground Mount Solar Power Project with a capacity of 25MWac/35MWp and includes Evacuation Infrastructure of 50MW. The contract is valued at approximately INR 103 Crore, excluding taxes.
The order has been awarded by a domestic entity, identified as one of the largest manufacturers of pig iron, castings, and seamless tubes. 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.
The details of the order were disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and were received on January 13, 2026. The company has confirmed that there is no interest from the promoter or promoter group in the entity awarding the contract.
Waaree Renewable Technologies Ltd, a subsidiary of Waaree Energies Limited, focuses on the development and execution of renewable energy projects. The company is involved in providing comprehensive EPC services for solar power projects, contributing to the growth of renewable energy infrastructure.