Waaree Renewable Technologies Share Price in Focus; Bags 291 MW Solar PV and 280 MWh BESS Order

Waaree Renewable Technologies Limited has received a Letter of Award for engineering, procurement and construction work on a ground-mounted solar project of 291 MWp. The order also includes a Battery Energy Storage System with a capacity of 280 MWh. 

The company disclosed the development to the stock exchanges on 28 August 2026. 

Order Comes from Domestic Power Company 

The contract has been awarded by one of India’s thermal power generating companies. The company has not disclosed the name of the awarding entity in its filing. 

The order is a commercial contract awarded by a domestic entity. Waaree Renewable Technologies will undertake the EPC work covering the solar PV project and the battery energy storage system.  

Completion Expected During FY28 

The project is to be completed during the financial year 2027-28, according to the terms of the order. 

The disclosure does not state the location of the project or the value of the contract. The company has disclosed the size of the work in terms of capacity, covering 291 MWp of solar PV and 280 MWh of battery storage.  

Regulatory Disclosure 

The company made the announcement under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The details were provided in an annexure accompanying the stock exchange filing. 

Waaree Renewable Technologies said its promoters, promoter group and group companies have no interest in the entity that awarded the contract. It also stated that the order is not a related party transaction.  

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Waaree Renewable Technologies Share Price Performance  

As of August 28, 2026, 3:30 pm, Waaree Renewable Technologies share price closed at ₹880.00, a 0.58% increase from the previous closing price. 

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Conclusion 

The Letter of Award covers EPC work for a 291 MWp ground-mounted solar PV project and a 280 MWh battery energy storage system. The project is scheduled for completion in FY 2027-28, as per the terms of the order. 

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