Business Update18 May 2026, 07:21 pm
Waaree RTL Bags 350MW/1400MWh BESS EPC Contract
AI Summary
Waaree Renewable Technologies Ltd has secured a turnkey Engineering, Procurement and Construction (EPC) contract for a 350MW/1400MWh Battery Energy Storage System (BESS) project. The order includes two years of operation and maintenance services. The contract was awarded by Waaree Forever Energies Private Limited (WFEPL), a subsidiary of the holding company. The project is scheduled for completion in the financial year 2026-27.
Key Highlights
- Waaree RTL secures EPC contract for 350MW/1400MWh BESS project.
- The project includes two years of operation and maintenance.
- The order was awarded by Waaree Forever Energies Private Limited (WFEPL).
- Project completion is scheduled for the financial year 2026-27.
- WFEPL is a subsidiary of Waaree RTL's holding company, indicating a related party transaction.
Price Impact
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