Waaree Renewable Technologies Secures 285 MWp Solar EPC Work Order from Leading Independent Power Producer
Waaree Renewable Technologies Limited (WRTL), the solar engineering, procurement, and construction (EPC) subsidiary of Waaree Energies Limited, has secured a major work order to execute a 285 MWp solar power project.
The company disclosed the contract win in a regulatory filing submitted to stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Project Details
According to the regulatory disclosure, the work order was awarded by a leading domestic Independent Power Producer (IPP). The formal communication and Letter of Award were received by the company on November 6, 2026.
Contract Highlights:
- Scope of Work: Turnkey Engineering, Procurement, and Construction (EPC) services for a utility-scale solar photovoltaic project.
- Capacity: 285 MWp.
- Client Profile: A leading Independent Power Producer (IPP) Company.
- Completion Timeline: The project is scheduled for full execution and commissioning during the financial year 2027-28 (FY28).
Business and Sector Impact
The 285 MWp order expands Waaree Renewable Technologies' unexecuted order book, which had already crossed ₹5,500 crore in the second quarter of FY27. By locking in an execution horizon extending through FY28, the company bolsters its medium-term revenue visibility in ground-mounted utility solar installations.
The development also aligns with sustained capital expenditure across Indian power utilities and independent power producers racing to build out solar generation infrastructure to meet India's clean energy targets. With integrated operations spanning design, civil works, procurement, and asset servicing, WRTL continues to capture significant market share among pure-play domestic solar EPC contractors.
