Deals26 Jun 2024, 04:49 pm
Waaree Renewable Technologies Ltd Receives LOA for 1.090 MWp DC Floating Solar Project Worth INR 4.122 Crore
AI Summary
Waaree Renewable Technologies Ltd, a subsidiary of Waaree Energies Limited, has announced that it has received a Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) works for a solar power project. The project has a capacity of 1.090 MWp DC and will use HDPE floater technology. The order is worth approximately INR 4.122 crore (excluding taxes) and is expected to be completed in the financial year 2024-25. The project does not fall under related party transactions.
Key Highlights
- Waaree Renewable Technologies Ltd receives LOA for a 1.090 MWp DC floating solar project.
- The project is expected to be completed in the financial year 2024-25.
- The order is worth approximately INR 4.122 crore (excluding taxes).
- The project will use HDPE floater technology.
- The project does not fall under related party transactions.