Waaree Renewable Technologies Limited has announced a significant update to its solar PV plant EPC contracts. The aggregate capacity under two existing Letters of Award has been revised, increasing the total to 800 MWac / 1,109 MWp. This expansion reflects the company’s continued growth and commitment to large-scale solar energy projects, with the projects anticipated for completion by the financial year 2027-28.
Solar Capacity Expansion
Waaree Renewable Technologies Limited has provided an update on its ongoing solar PV plant Engineering, Procurement, and Construction (EPC) projects. The company has announced a revision to the scope and capacity of its existing Letters of Award (LoA). This strategic update signifies a substantial increase in the company’s project pipeline and operational capacity within the renewable energy sector.
Revised Contract Details
Under one existing LoA for a ground-mounted Solar PV plant, the scope of work for the EPC contract has been further revised. Separately, another LoA for EPC works has seen its capacity revised from 400 MWac / 530 MWp to 400 MWac / 557 MWp. These adjustments collectively bring the aggregate capacity under the mentioned LoAs to 800 MWac / 1,109 MWp (comprising 400 MWac / 552 MWp and 400 MWac / 557 MWp).
Project Timeline
The projects are scheduled for completion within the financial year 2027-28, as per the terms of the respective orders. The company received this revised scope and capacity intimation on October 23, 2026.
Source: BSE
