Deals27 Oct 2026, 03:01 pm
Waaree Renewable Technologies Secures 450 MWp Solar EPC Project
AI Summary
Waaree Renewable Technologies Limited has received a Letter of Award (LOA) for Engineering, Procurement, and Construction (EPC) works for a 450 MWp Solar Power Project. The project is awarded by a leading Independent Power Producer (IPP) company and is classified as a domestic commercial order. The project is scheduled for completion during the financial year 2027-28. The company confirmed that its promoters or group companies have no interest in the awarding entity, and the contract does not fall under related party transactions.
Key Highlights
- Secured LOA for 450 MWp Solar Power Project EPC works.
- Project awarded by a leading domestic Independent Power Producer (IPP).
- Execution is scheduled for completion in FY 2027-28.
- No promoter or group company interest in the awarding entity.
- Contract is a commercial order and not a related party transaction.
Price Impact
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