What the source reports
Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, has secured a domestic engineering, procurement and construction (EPC) order for a 285 MWp solar power project from a leading Indian Independent Power Producer (IPP). The project is scheduled for execution during FY 2027–28.
Under the contract, the company will undertake the complete EPC scope, covering engineering, procurement and construction activities for the solar power project. The order further strengthens Waaree Renewable Technologies’ domestic project execution pipeline and expands its presence in India’s utility-scale solar segment.
The latest contract highlights continued demand for solar EPC services as independent power producers expand their renewable energy portfolios. Large-scale solar installations are contributing to the growth of India’s renewable energy capacity, creating opportunities for companies with integrated engineering and project execution capabilities.
The order also adds to Waaree Renewable Technologies’ ongoing business activities, supporting its position in India’s competitive solar EPC market. The company continues to focus on strengthening its execution capabilities and participating in the development of utility-scale renewable energy infrastructure.
Waaree Renewable Technologies clarified that the promoter group has no interest in the transaction and that the customer is not a related party. The contract has been awarded on normal commercial terms in the ordinary course of business.
With the 285 MWp EPC order, Waaree Renewable Technologies continues to expand its domestic solar project portfolio, contributing to India’s growing solar power infrastructure.
