Waaree Renewable Technologies Bags 980 MWp Solar Project
POWER & RENEWABLE ENERGY

Waaree Renewable Technologies Bags 980 MWp Solar Project

Waaree Renewable Technologies, a prominent player in the renewable energy sector, announced that it has clinched a substantial order valued at Rs 9.90 billion for the development of a 980 MWp solar project. The news, disclosed through a stock exchange filing, underscores the company's pivotal role in advancing sustainable energy solutions in India.

The order, bestowed upon Waaree Renewable Technologies Ltd (Waaree RTL), emanated from one of India's leading renewable energy entities. The company has been entrusted with the execution of engineering, procurement, and construction (EPC) work for the solar power plant on a turnkey basis, as revealed in the statement. With this latest addition, Waaree RTL's unexecuted order book has surged to an impressive 2.141 GW, indicating robust growth prospects in the renewable energy domain.

"The receipt of the letter of award (LOA) signifies a momentous milestone for Waaree Renewable Technologies," stated a spokesperson for the company. "We are committed to leveraging our expertise and resources to deliver high-quality solar solutions that contribute to India's renewable energy targets."

According to the terms delineated in the LOA, the ambitious 980 MWp solar project is slated for completion within a tight timeframe of 12 months. This expedited schedule underscores Waaree RTL's commitment to efficient project execution and adherence to stringent timelines.

The solar project represents not only a significant business opportunity for Waaree Renewable Technologies but also a notable contribution to India's renewable energy landscape. As the country intensifies its focus on expanding renewable energy capacity, initiatives like these play a pivotal role in driving sustainable development and mitigating the adverse effects of climate change.

With its proven track record and commitment to excellence, Waaree Renewable Technologies continues to emerge as a frontrunner in the renewable energy sector, spearheading efforts to accelerate the transition towards a greener and more sustainable future.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Waaree Renewable Technologies, a prominent player in the renewable energy sector, announced that it has clinched a substantial order valued at Rs 9.90 billion for the development of a 980 MWp solar project. The news, disclosed through a stock exchange filing, underscores the company's pivotal role in advancing sustainable energy solutions in India. The order, bestowed upon Waaree Renewable Technologies Ltd (Waaree RTL), emanated from one of India's leading renewable energy entities. The company has been entrusted with the execution of engineering, procurement, and construction (EPC) work for the solar power plant on a turnkey basis, as revealed in the statement. With this latest addition, Waaree RTL's unexecuted order book has surged to an impressive 2.141 GW, indicating robust growth prospects in the renewable energy domain. The receipt of the letter of award (LOA) signifies a momentous milestone for Waaree Renewable Technologies, stated a spokesperson for the company. We are committed to leveraging our expertise and resources to deliver high-quality solar solutions that contribute to India's renewable energy targets. According to the terms delineated in the LOA, the ambitious 980 MWp solar project is slated for completion within a tight timeframe of 12 months. This expedited schedule underscores Waaree RTL's commitment to efficient project execution and adherence to stringent timelines. The solar project represents not only a significant business opportunity for Waaree Renewable Technologies but also a notable contribution to India's renewable energy landscape. As the country intensifies its focus on expanding renewable energy capacity, initiatives like these play a pivotal role in driving sustainable development and mitigating the adverse effects of climate change. With its proven track record and commitment to excellence, Waaree Renewable Technologies continues to emerge as a frontrunner in the renewable energy sector, spearheading efforts to accelerate the transition towards a greener and more sustainable future.

Next Story
Infrastructure Energy

Orb Energy Achieves Rs 3 Bn Milestone in Solar Financing Success

Orb Energy, a vertically integrated solar energy solutions provider, has achieved a significant milestone by surpassing Rs 3 billion in financing disbursements through its in-house finance facility that requires no collateral or down payment. This accomplishment underscores its dedication to supporting small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in India in transitioning to cost-effective solar energy solutions. The company has installed approximately 350 MW of solar photovoltaic systems nationwide, with a strong foothold in southern and western India...

Next Story
Infrastructure Energy

90% Defaulters Yet to Settle Rs 3.17 Bn Power Dues in Noida

Out of a total of 1.31 lakh defaulters in Noida, only 13,500 consumers availed of the one-time settlement (OTS) scheme during its first phase. The Uttar Pradesh Power Corporation (UPPCL) launched the scheme in three phases, from December 15, 2024, to January 31, 2025. These consumers cleared dues amounting to Rs 300.40 million out of a total Rs 3.47 billion owed. Officials emphasized that stricter enforcement of the scheme would be implemented in the coming phases. During a recent weekend meeting with the technical team of the power department, the Noida zone's chief engineer instructed that..

Next Story
Infrastructure Energy

NER Invites Bids for 10 MW Rooftop Solar Projects in Uttar Pradesh

The Varanasi division (electrical) of Northeastern Railway has recently issued four tenders for a total of 10.4 MW on-grid rooftop solar systems to be installed at various buildings in Gorakhpur, Uttar Pradesh. The tenders include different project capacities, with submission deadlines set between January 31 and February 3, 2025. Bidders are required to submit earnest money deposits (EMDs) ranging from Rs 0.89 million to Rs 1.2 million depending on the tender, with the expected project costs varying between Rs 148 million and Rs 174.08 million. The selected contractors will be tasked with sup..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000