StockWatch
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Other Electrical Equipment
Business Update1 Aug 2026, 05:51 pm

Waaree Energies Secures 739.71 MW Solar Module Order

AI Summary

Waaree Energies Limited has announced the receipt of a significant order for the supply of 739.71 MW of solar modules from a leading renewable energy solutions provider. The order is for a domestic entity and is considered a one-time contract. The supply is expected to be completed within FY 2026-27 and FY 2027-28. The company has confirmed that promoters or their group entities have no interest in the awarding entity, and the transaction does not fall under related party transactions. This order is a notable business development for the company in the renewable energy sector.

Key Highlights

  • Secured order for 739.71 MW solar modules.
  • Customer is a leading renewable energy solutions provider.
  • Order is for a domestic entity and is one-time.
  • Supply to be completed in FY 2026-27 and FY 2027-28.
  • No promoter interest in the awarding entity.