Waaree Energies commissions 118.8 MW at Neemuch Solar Park

Waaree Energies Limited has commissioned 118.8 MW of the 170 MW capacity of Unit 3 at its Solar Power Facility in Neemuch Solar Park, Madhya Pradesh. The part capacity was commissioned on July 28, 2026, with the remaining capacity of the unit expected to be commissioned in due course.

The project forms part of Waaree Energies’ expanding renewable energy project development portfolio.

Financials

Waaree Energies reported consolidated revenue from operations of Rs 7,931.79 crore for the quarter ended June 30, 2026, an increase of 79.22% year-on-year. Operating Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) rose 44.38% to Rs 1,439.92 crore, while Profit After Tax (PAT) increased 15.39% to Rs 891.87 crore compared with the corresponding quarter of the previous fiscal year.

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