Waaree Renewable Technologies Limited has secured a significant turnkey contract for the execution of a 350MW/1400MWh Battery Energy Storage System (BESS) project. The order, which includes two years of comprehensive operation and maintenance services, was awarded by Waaree Forever Energies Private Limited (WFEPL). This milestone project is scheduled for completion within the 2026-27 financial year, marking a key expansion in the company’s energy storage infrastructure capabilities.
Strategic Energy Storage Expansion
Waaree Renewable Technologies Limited has officially announced the signing of a major turnkey contract focused on the engineering, procurement, and construction (EPC) of a 350MW/1400MWh grid-connected Battery Energy Storage System (BESS). This project highlights the company’s commitment to advancing sustainable energy solutions through large-scale storage integration.
Project Details and Timeline
The contract, awarded by Waaree Forever Energies Private Limited (WFEPL), encompasses the full project lifecycle, including a dedicated two-year period for operation and maintenance services. The project is strategically scheduled to reach completion during the 2026-27 financial year. As a related party transaction between the company and its subsidiary, the agreement has been executed on an arm’s length basis, ensuring robust corporate governance in the project’s delivery.
Source: BSE
