Waaree Renewable Technologies Secures 300MW EPC Contract
Filing Summary
Waaree Renewable Technologies Ltd, a subsidiary of Waaree Energies Ltd, has signed a contract for the Engineering, Procurement, and Construction (EPC) of a Ground Mount Solar PV Plant with a capacity of 300MWac/420MWp. The contract, awarded by a domestic entity involved in renewable energy power generation, is scheduled for completion in the financial year 2027-28. The order does not involve any related party transactions. This development was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Waaree Renewable Technologies Ltd, a subsidiary of Waaree Energies Ltd, has entered into a contract for the execution of Engineering, Procurement, and Construction (EPC) works for a Ground Mount Solar PV Plant. The plant will have a capacity of 300MWac/420MWp. The contract was signed on March 10, 2026, and the details were disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The order has been awarded by a domestic entity engaged in power generation using renewable energy. The project is scheduled to be completed during the financial year 2027-28. The contract is classified as a commercial order and does not involve any related party transactions. The aggregate size of the order is 300MWac/420MWp.
Waaree Renewable Technologies Ltd has confirmed that there is no interest from the promoter or promoter group in the entity awarding the contract. The order is not considered a related party transaction and is conducted at arm’s length.
Waaree Renewable Technologies Ltd focuses on the development and execution of renewable energy projects. As a subsidiary of Waaree Energies Ltd, the company is involved in various solar energy initiatives, contributing to the expansion of renewable energy infrastructure.