Waaree Renewable Technologies Secures ₹156.66 Crore EPC Order for 150 MW Solar Project

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, announced the receipt of a Letter of Award (LOA) for executing Engineering, Procurement, and Construction (EPC) works for a large-scale ground-mounted solar power project. The order, valued at approximately ₹156.66 crore (excluding taxes), marks another milestone in the company’s expanding renewable energy portfolio.

Details of the EPC Project Award

The project involves the EPC development of a 150 MWac (217.5 MWp) ground-mounted solar power installation awarded by a leading renewable energy company. This commercial order reinforces Waaree Renewable Technologies’ strong position in India’s solar EPC market, known for delivering high-efficiency solar infrastructure with rapid execution timelines.

Execution Timeline and Strategic Significance

According to the company’s filing, the project is scheduled for completion during the financial year 2026-27. The order will be executed within India, further strengthening Waaree’s domestic footprint. The initiative aligns with India’s clean energy expansion goals and supports the country’s mission to scale renewable capacity through private and corporate participation.

Read More: Waaree Renewable Share Price Rises 10.57%; Reports 47% Revenue Jump in Q2 FY26 Results!

Financial and Operational Impact

With this ₹156.66 crore order, Waaree Renewable Technologies continues its growth trajectory within the solar EPC sector, contributing to a robust order book and consistent revenue visibility. The company remains focused on timely project execution and expanding partnerships with renewable energy developers across India.

Waaree Renewable Technologies Share Price Performance

On October 15, 2025, Waaree Renewable Technologies share price opened at ₹1,264.00 on NSE, above the previous close of ₹1,258.40. During the day, it surged to ₹1,264.00 and dipped to ₹1,176.10. The stock is trading at ₹1,193.10 as of 2:06 PM. The stock registered a decline of 5.19%.

Over the past week, it has moved up by 7.44%, over the past month, it has moved up by 9.16%, and over the past 3 months, it has moved up by 4.05%.

Conclusion

Waaree Renewable Technologies’ latest EPC contract for a 150 MW solar power project highlights its execution excellence and growing reputation in India’s renewable sector. The order not only strengthens its operational pipeline for FY2026-27 but also reinforces its commitment to advancing sustainable energy solutions nationwide.

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