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Deals12 Dec 2024, 01:44 am

Waaree Energies' Subsidiary Secures 170 MW Solar Power Plant Development Project

AI Summary

Waaree Forever Energies Private Limited, a wholly owned subsidiary of Waaree Energies Ltd, has received a Letter of Award (LoA) for the development of a 170 MW Solar power plant in Madhya Pradesh. The project, awarded by Rewa Ultra Mega Solar Limited (RUMSL), will supply renewable energy to Madhya Pradesh Power Management Company Ltd and Indian Railways via the Inter-State Transmission System (ISTS). This initiative will significantly contribute to India’s renewable energy goals.

Key Highlights

  • Waaree Forever Energies Private Limited has received an LoA for a 170 MW Solar power plant in Madhya Pradesh.
  • The project will supply renewable energy to Madhya Pradesh Power Management Company Ltd and Indian Railways.
  • The solar power plant will enable the generation and transmission of clean energy via the ISTS.
  • This initiative will contribute significantly to India’s renewable energy goals.
  • The project is awarded by Rewa Ultra Mega Solar Limited.
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