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

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

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