StockWatch
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Power Generation
Business Update8 Jun 2026, 01:01 pm

Waaree Renewable Technologies Secures 300MW Solar EPC Contract

AI Summary

Waaree Renewable Technologies Ltd (WAAREERTL) has received a Letter of Award (LOA) for an Engineering, Procurement, and Construction (EPC) contract for a 300MW/450MWp Ground Mount Solar project. The contract also includes two years of operation and maintenance services. The order has been awarded by Sunsational Power Private Limited (SPPL), a wholly-owned subsidiary of WAAREERTL. The project is scheduled for completion in FY 2026-27. This is considered a commercial order from a domestic entity.

Key Highlights

  • Secured EPC contract for a 300MW/450MWp Ground Mount Solar Project.
  • Contract includes two years of operation and maintenance services.
  • Order awarded by a wholly-owned subsidiary, SPPL.
  • Project execution expected within FY 2026-27.
  • Order is classified as a domestic commercial order.