Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, has secured a domestic commercial order for the execution of engineering, procurement, and construction (EPC) works for a 285 MWp solar power project in India. The order has been awarded by a leading domestic Independent Power Producer (IPP), further strengthening the company’s presence in the country’s growing renewable energy sector.
Under the terms of the contract, Waaree Renewable Technologies will undertake the complete EPC scope of work for the 285 MWp solar power project. The responsibilities include delivering the engineering, procurement, and construction activities required for the development and installation of the large-scale solar power facility. The project is expected to be completed during the financial year 2027–28.
The latest order represents another significant addition to the company’s domestic project portfolio and reflects its continued involvement in the development of utility-scale solar infrastructure. Through this project, the company will contribute to expanding India’s solar generation capacity and supporting the country’s broader renewable energy development objectives.
The award also highlights the continued demand for experienced EPC contractors as independent power producers expand their renewable energy portfolios. With increasing investments in large-scale solar installations, companies providing integrated EPC solutions are playing an important role in the development of India’s clean energy infrastructure.
Waaree Renewable Technologies has been expanding its operations in the solar power segment, focusing on engineering and project execution capabilities. Securing the 285 MWp order adds to its ongoing business activities and provides further opportunities to strengthen its position in India’s competitive solar EPC market.
The company has also clarified that the transaction does not involve any interest from the promoter group. Additionally, the customer is not a related party of the company. The contract has been awarded on normal commercial terms in the ordinary course of business, indicating that the transaction is an independent commercial arrangement.
The order comes at a time when India continues to accelerate its renewable energy deployment through utility-scale solar projects and increased private-sector participation. Large-capacity installations remain important for meeting the country’s clean energy ambitions and expanding its non-fossil fuel-based electricity generation capacity.
With the successful receipt of this domestic EPC order, Waaree Renewable Technologies continues to strengthen its project execution pipeline, supporting the expansion of solar power infrastructure across India.
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