STOCKWATCH

Waaree Renewable Technologies Ltd. Receives 125 MWac Order as Part of Consortium

Waaree Renewable Technologies Ltd. (WAAREERTL) has announced that a consortium of three members, including WAAREERTL, has received a Letter of Award (LOA) for Engineering, Procurement and Construction (EPC) works for a solar power project of 125 MWac (181.3 MWp DC) capacity on a turnkey basis along with Operation and Maintenance. The project is scheduled to be completed within 18 months from the date of signing of the contract, with an approximate order value of INR 740.06 crore (Inclusive of Taxes).

• Waaree Renewable Technologies Ltd. is part of a consortium that has received a 125 MWac solar power project order.
• The project is a turnkey EPC project, which also includes Operation and Maintenance.
• The project is expected to be completed within 18 months from the date of signing of the contract.
• The approximate order value is INR 740.06 crore (Inclusive of Taxes).
• The consortium is comprised of three members, including Waaree Renewable Technologies Ltd.