Waaree Energies Share Price in Focus; Secures 300MW Wind Project in Dwarka, Gujarat

Waaree Energies Limited has been awarded a contract by Solar Energy Corporation of India Limited to develop a 300MW wind power project in Dwarka, Gujarat, with the award communicated on February 24, 2026. 

Key Details of the Award Contract 

The contract was issued by Solar Energy Corporation of India Limited, a domestic public‑sector entity. It is a one‑time order for the development of a 300MW wind power project. The Power Purchase Agreement associated with the project is valid for 25 years from the scheduled commencement of supply date. 

Financial and Commercial Aspects of the Project 

While the exact monetary value has not been disclosed, the order represents a sizeable addition to Waaree Energies’ renewable portfolio. The project is expected to generate long‑term revenue under the agreed Power Purchase Agreement and contributes to the company’s strategic focus on clean‑energy assets. 

Read More: Waaree Energies Share Price in Focus; Subsidiary Signs 2.5 MW Electrolyzer Deal with ZFI, Plans 50 MW Expansion! 

Compliance and Regulatory Disclosure Overview 

In compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements, Waaree Energies has filed the required disclosure with both the Bombay Stock Exchange and the National Stock Exchange. The filing includes Annexure A, which outlines the award’s key terms and confirms that no related‑party interest exists. 

Projected Timeline and Agreement Duration 

The Power Purchase Agreement spans 25 years, commencing upon the scheduled commercial operation date. The long‑term nature of the agreement aligns with the company’s objective to secure stable cash flows from renewable generation assets. 

Waaree Energies Share Price Performance  

As of February 25, 2026, at 9:16 AM, Waaree Energies share price on NSE was trading at ₹2,721.20 down by 10.00% from the previous closing price.  

Conclusion 

Waaree Energies’ receipt of the 300MW wind power contract underscores its expanding role in India’s renewable energy sector and fulfills regulatory disclosure obligations under SEBI guidelines. 

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