Business Update23 Oct 2026, 04:10 pm
Waaree Renewable Technologies Revises LOA Capacity to 800 MW
AI Summary
Waaree Renewable Technologies Ltd has announced revisions to two existing Letters of Award (LoAs) for Engineering, Procurement, and Construction (EPC) works of solar PV plants. The scope of work under one LoA for a 400 MWac / 552 MWp plant has been further revised, with other terms unchanged. Another LoA for a solar PV plant has seen its capacity revised from 400 MWac / 530 MWp to 400 MWac / 557 MWp. Consequently, the aggregate capacity under these LoAs now stands at 800 MWac / 1,109 MWp. The company received these revised scope/capacity intimations on October 23, 2026. The projects are scheduled for completion during the financial year 2027-28.
Key Highlights
- Aggregate solar capacity under revised LoAs increased to 800 MWac / 1,109 MWp.
- Revisions impact EPC works for ground-mounted Solar PV plants.
- Project completion targeted for FY 2027-28.
- No change in other terms and conditions for one LoA.
- Company received revised scope on October 23, 2026.
Price Impact
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