Waaree Energies Gets Major Solar EPC Order Enhancement
Waaree Energies Limited, through its subsidiary Waaree Renewable Technologies, has received an enhanced order for the execution of Engineering, Procurement, and Construction (EPC) works on a large-scale solar power project. The contract now includes a solar power plant with a capacity of 980 MWp (700 MWac) on a turnkey basis.
This enhancement increases the total order value to Rs. 1017.82 crore, including taxes, with an additional scope value of Rs. 27.22 crore. All other terms and conditions of the contract remain unchanged following the earlier order intimation submitted in February 2024.
The order was awarded by a leading domestic renewable energy company, reflecting Waaree Energies’ growing role in India’s clean energy sector. The execution timeline for the enhanced scope will be mutually decided by the parties involved.
This development marks a significant business milestone for Waaree Energies, further consolidating its reputation as a key player in solar EPC projects across India. The company continues to focus on expanding its portfolio and delivering large-scale renewable energy infrastructure, contributing to India’s sustainable energy goals.
With renewable energy gaining momentum, Waaree Energies’ ability to secure and execute high-value contracts positions it well for future growth in the solar power industry.
