
Waaree Renewable Technologies Limited has secured a major battery energy storage system (BESS) project involving 350MW/1400MWh capacity, strengthening the company’s presence in India’s expanding grid-scale energy storage segment.
The company has signed a turnkey engineering, procurement and construction (EPC) contract for the development of a grid-connected BESS project with aggregate capacity of 350MW/1400MWh.
Apart from execution responsibilities, the contract also includes 2 years of operation and maintenance support for the project.
The order has been awarded by Waaree Forever Energies Private Limited, a domestic entity operating within the broader Waaree group ecosystem.The project is scheduled to be completed during FY2026-27.
Battery energy storage systems are increasingly becoming an important part of India’s renewable energy infrastructure as utilities and developers look to improve grid stability and energy management capabilities.
Projects of this scale are generally used to support renewable power integration, manage peak demand and strengthen power supply reliability across electricity networks.
The latest contract further expands Waaree Renewable Technologies execution portfolio within the fast-growing energy transition and storage infrastructure segment.
Read More: Waaree Energies Share Price in Focus; in Talks to Pick Investment Banks for ₹10,000 Crore QIP!
As of 19 May 2026, at 9:16 AM, Waaree Renewable Technologies Limited share price is trading at ₹957.30 per share, reflecting a surge of 2.52% from the previous closing price.
The 350MW/1400MWh BESS project marks another significant addition to Waaree Renewable Technologies renewable infrastructure portfolio as the company continues expanding its footprint in large-scale energy storage and EPC execution projects.
Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.
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: May 19, 2026, 9:37 AM IST

Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
