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Waaree Renewable secures EPC contract for Neemuch solar project

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Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 2,323 million from Waaree Energies Limited for engineering, procurement, and construction (EPC) works.  The contract is for setting up 170 MW/255 MWp capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh. The LoA was awarded on March 25, 2025. Waaree Forever Energies Limited, a subsidiary of Waaree Energies, had won the bid for Unit-III in December 2024…

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Swelect Energy and Waaree Renewable win solar contracts

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Swelect Energy Systems Limited has won a contract to supply its high-efficiency TOPCon bi-facial solar photovoltaic (PV) modules for a 150 MW solar power project in India. The contract was awarded on March 12, 2025. In addition, the company has raised Rs 2.9 billion through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited. The funds will support Swelect Energy’s goal of expanding its solar portfolio to 1,000 MW by the financial year…

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Waaree secures solar module supply contract from Mahindra Susten

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Waaree Renewable Energy Technologies Limited, formerly Sangam Renewables Limited, has won a contract from Mahindra Susten to supply solar modules for the 200 MW/280 MWp Rajasthan Solar Power Project (RUVNL). Under the contract, Waaree will supply its ELITE series, n-type TopCon 580Wp solar modules for the project. Mahindra Susten secured the 200 MW capacity in May 2023 by quoting a tariff of Rs 2.61 per kWh under Rajasthan Urja Vikas Nigam Limited’s (RUVNL) 1,000 MW…