Waaree Energies Limited has announced the receipt of a significant order for the supply of 739.71 MW of solar modules. The order comes from a renowned customer described as a leading renewable energy solutions provider. The supply is scheduled to be fulfilled across FY 2026-27 and FY 2027-28, bolstering Waaree’s order book and reinforcing its position in the renewable energy sector.
Waaree Energies Awarded Major Solar Module Contract
Waaree Energies Limited has announced a significant business development, having secured an order for the supply of 739.71 MW of solar modules. This order was received today, August 01, 2026, from a customer identified as a leading renewable energy solutions provider. This development is a positive indicator for the company’s growth trajectory in the solar energy market.
Contract Details and Timeline
The order, detailed in Annexure I, specifies the supply of 739.71 MW of solar modules. The fulfillment of this contract is slated to occur over the fiscal years 2026-27 and 2027-28. The broad commercial consideration for this order is the supply of these solar modules, marking a substantial addition to Waaree Energies’ order book and providing strong revenue visibility for the upcoming fiscal periods.
Domestic Entity and Non-Related Party Transaction
According to the disclosed details, the order has been awarded by a Domestic Entity. Furthermore, the company has confirmed that neither the promoter group nor any group companies have any interest in the entity that awarded the order. This transaction is also not expected to fall within related party transactions, ensuring an arm’s length arrangement.
Source: BSE
