Waaree Renewable Technologies

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Waaree Renewable Technologies expands EPC contract by Rs 27.22 crore
By November 11, 2025November 11, 2025

Waaree Renewable Technologies Ltd. has expanded the value of its existing engineering, procurement, and construction (EPC) contract for a 980 MWp / 700 MWac solar power project by Rs 27.22 crore. The company received formal confirmation of the scope enhancement on November 10, 2025. In a regulatory filing, Waaree stated that the revised contract now totals Rs 1017.82 crore, inclusive of taxes. The company clarified that the expansion applies to an ongoing turnkey EPC project…

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India | News | Renewable Energy

Waaree Renewable secures 150 MWac solar EPC order
By October 16, 2025October 28, 2025

Waaree Renewable Technologies Ltd. has received a Letter of Award for the engineering, procurement, and construction of a 150 MWac (217.5 MWp) ground-mounted solar project, according to a regulatory filing submitted on October 15, 2025. The company stated that the order was placed by a leading domestic renewable energy developer. The project, valued at about Rs156.66 crore excluding taxes, has been classified as a commercial order. Construction and commissioning are expected to be completed within…

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Waaree Renewable secures Rs 1,252 crore 870 MWac solar project
By September 10, 2025October 28, 2025

Waaree Renewable Technologies Limited (WAAREERTL), a subsidiary of Waaree Energies Limited, has received a Letter of Award (LOA) from Waaree Forever Energies Private Limited (WFEPL) for the execution of an 870 megawatt alternating current (MWac) or 1,218 megawatt peak (MWp) ground-mounted solar power project. The scope of work includes engineering, procurement, and construction (EPC) of the project, along with development of a 33 kilovolt (kV) to 400 kV substation and associated transmission lines. WAAREERTL will…

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Waaree Renewable wins LoA for 40 MWh BESS project in Gujarat
By February 14, 2025February 14, 2025

Waaree Renewable Technologies Limited has received a Letter of Award (LoA) from Continuum Green Energy Limited for the engineering, procurement, and construction (EPC) of a 40 MWh battery energy storage system (BESS) at wind-solar hybrid sites in Gujarat. The total cost of the project is estimated at Rs 400 million. The project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS technology. It will be executed under a Lump Sum Turnkey Project agreement, integrating…

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Sinovoltaics releases Q1 2025 global PV module ranking
By February 10, 2025February 10, 2025

Sinovoltaics’ Q1 2025 global PV Module Manufacturers Ranking shows India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy as the top three. The Altmann Z-score-based ranking covers 63 suppliers, tracking financial health from March 2022 to December 2024. The updated top ten list: Insolation Energy (India) Waaree Renewable Technologies (India) Solex Energy (India) Eterbright (HIWIN) (Taiwan) First Solar (U.S.) Boviet Solar (China) DMEGC Solar (China) Phono Solar (China) ERA Solar (China) HT SAAE (China) The…

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Waaree Renewable secures 2 GW solar contract with Jindal Renewables
By January 2, 2025January 2, 2025

Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited, has secured its largest-ever Engineering, Procurement, and Construction (EPC) contract for a 2 GW solar project from Sunbreeze Renewables Nine Pvt. Ltd, a Special Purpose Vehicle (SPV) of Jindal Renewables. The project, located in Bikaner, Rajasthan, will incorporate advanced technologies and sustainable solutions to maximize energy generation and efficiency. WRTL will manage the design, engineering, procurement, supply, construction, testing, and commissioning of the solar…

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Waaree Renewable wins EPC contract for 2012.47 MWp solar project
By November 28, 2024November 28, 2024

Waaree Renewable Technologies Ltd. has received a term sheet to execute the Engineering, Procurement, and Construction (EPC) of a 2012.47 MWp DC ground-mounted solar photovoltaic project. The project is valued at approximately Rs 12.33 billion, excluding levies.

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Waaree Renewable secures 41.6 MW solar project in Tamil Nadu
By November 13, 2024November 13, 2024

Waaree Renewable Technologies Ltd (WRTL) has secured an order to establish a 41.6 MW solar project in Cuddalore, Tamil Nadu. The project, valued at approximately Rs 1.47 billion, is scheduled for completion in the fiscal year 2025-26. This initiative involves setting up an independent regional power production (IPP) unit.

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Waaree Renewable posts robust Q2 growth with Rs 5,244.7 million revenue
By November 6, 2024November 6, 2024

Waaree Renewable Technologies Limited (WRTL), the solar EPC arm of Waaree Group, reported Q2 FY25 revenue of Rs 5,244.7 million, a 249.50% increase from Rs 1,500.6 million in Q2 FY24. Profit after tax (PAT) stood at Rs 535.2 million, while its unexecuted order book remains at 1.7 GWp with a 9-12 month timeline. For H1 FY25, revenue reached Rs 7,608.2 million, up 172.70% year-on-year, with an EBITDA of Rs 1,126.5 million, marking a 155.56% increase….

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