Waaree Renewable Technologies Limited has received a Letter of Award (LOA) for the Engineering, Procurement, and Construction (EPC) of a 124 MWp (88 MWac) ground-mounted Solar PV project. The award was confirmed on August 10, 2026. This development signifies a crucial step in the company’s expansion within the renewable energy sector and strengthens its project pipeline.
Waaree Renewable Technologies Secures Major Solar Project LOA
Waaree Renewable Technologies Limited has announced the receipt of a significant Letter of Award (LOA) for a substantial renewable energy project. The company will undertake the Engineering, Procurement, and Construction (EPC) works for a ground-mounted Solar PV project with a capacity of 124 MWp (88 MWac).
Project Details and Timeline
The LOA was officially received by the company on August 10, 2026. The project is slated for completion during the financial year 2026-27, as per the terms outlined in the award. The size of this solar project is substantial, marking a key addition to Waaree Renewable Technologies’ growing portfolio in the solar energy sector.
No Related Party or Promoter Interest
The disclosure confirms that there is no interest from the promoter or promoter group companies in the entity that awarded this contract. Furthermore, the order does not fall within related party transactions, ensuring the engagement is conducted on an arm’s length basis.
Source: BSE
