Waaree Renewable Wins ₹346 Crore Solar Project in Rajasthan

Waaree Renewable Technologies Ltd (WRTL) has bagged a major solar project worth ₹346.33 crore in Bikaner, Rajasthan. The order was given by a well-known Indian renewable energy company.

Project Details

The company received a Letter of Award (LOA) for a 300 MW AC / 435 MW DC ground-mounted solar power project. This includes full Engineering, Procurement, and Construction (EPC) work.

One of the highlights of the project is the use of advanced robotic cleaning systems, which will help improve performance and reduce future operation and maintenance (O&M) costs.

Timeline and Completion

The project is expected to be completed in the financial year 2025–26, making it a key addition to India’s clean energy goals.

Sunil Rathi, Executive Director at WRTL, expressed excitement about the project and emphasized the importance of the partnership for future growth.

Waaree Renewable Technologies Share Price Performance

As of June 4, 2025, at 3:30 PM IST, Waaree Renewable Technologies share price was trading at ₹1,095.10, up ₹63.20 or 6.12% for the day. The stock opened at ₹1,040.00, hit a high of ₹1,099.00 and a low of ₹1,039.20 during the session. 

Read More: Did Coforge Shares Really Hit a 52-Wk Low Today, June 4? Here's What Actually Happened.

Financial Highlights

Earlier, the company posted strong Q4 FY25 results:

• Profit: ₹93.77 crore (up 82.75% YoY)
• Revenue: ₹476.58 crore (up 74.37% YoY)

FY25 Highlights:

• Full-year profit: ₹228.92 crore
• Total revenue: ₹1,597.75 crore

Conclusion

Waaree Renewable Technologies continues to strengthen its position in India’s solar sector with large-scale projects and strong financials. The new Rajasthan order, along with advanced technology and steady growth, signals a bright and sustainable future for the company.

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