Business Update28 Aug 2026, 01:22 pm
Waaree Renewable Secures EPC Contract for 291 MWp Solar & 280 MWh BESS
AI Summary
Waaree Renewable Technologies Limited has received a Letter of Award (LOA) for Engineering, Procurement, and Construction (EPC) works for a ground-mounted Solar PV project of 291 MWp and a 280 MWh Battery Energy Storage System (BESS). The contract was awarded by one of India's Thermal Power Generating Companies. The project is slated for completion during the financial year 2027-28. This significant order underscores the company's growing role in India's renewable energy infrastructure development, particularly in integrating solar power with energy storage solutions.
Key Highlights
- LOA received for 291 MWp Solar PV and 280 MWh BESS EPC work.
- Project to be executed for an Indian Thermal Power Generating Company.
- Scheduled completion during the financial year 2027-28.
- Order size pertains to EPC work for the specified solar and BESS capacity.
- No promoter or group company interest in the awarding entity.
Price Impact
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