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Waaree Renewable Technologies Share Price in Focus; Receives Revised Scope for Solar EPC Contract

Written by: Team Angel OneUpdated on: 29 Sept 2026, 5:15 pm IST
Waaree Renewable gets a revised scope for its 2,012.47 MWp solar EPC contract, adding ₹14.79 crore to the overall order value.
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Waaree Renewable Technologies Limited has received a further revised scope of work under an existing contract for Engineering, Procurement and Construction (EPC) works for a ground-mounted Solar PV project with a capacity of 2,012.47 MWp. 

The company disclosed the development on September 28, 2026, through a filing with the stock exchanges.  

₹14.79 Crore Increase in Order Value 

The revised scope has resulted in an increase of ₹14.79 crore in the commercial order value. The company said the other terms and conditions of the contract remain unchanged. 

The overall project size has not been revised. The aggregate order size continues to stand at 2,012.47 MWp, the same capacity reported in the company’s first disclosure dated November 27, 2024.  

Domestic Commercial Order 

The contract relates to the development of a ground-mounted Solar PV project and has been classified as a domestic commercial order. The disclosure states that the awarding entity is domestic. 

The filing does not name the entity awarding the contract. It states that Waaree Renewable Technologies is engaged in the development and implementation of renewable energy projects.  

Project Completion in FY27 

The project is to be completed during financial year 2026-27. The latest disclosure concerns a change in the scope and value of the existing contract, rather than a separate order. 

The company also stated that its promoter, promoter group, and group companies have no interest in the entity awarding the contract. The order does not fall under related party transactions, according to the filing.  

Read More: Dr Lal PathLabs Share Price in Focus; To Acquire 70% Stake in SN Genelab for Up to ₹168 Crore! 

Waaree Renewable Technologies Share Price Performance  

As of September 29, 2026, 11:12 am, Waaree Renewable Technologies share price was trading at ₹816.80, a 1.12% decrease from the previous closing price. 

Conclusion 

The revised scope adds ₹14.79 crore to the commercial order value, while the project capacity remains unchanged at 2,012.47 MWp. The existing contract terms remain in place, with execution planned for FY27. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 29, 2026, 11:45 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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