Waaree Renewable Technologies Share Price in Focus; Solar EPC Order Value Rises to ₹1,044.69 Crore

Waaree Renewable Technologies Limited (WRTL) has received an enhancement in the scope of work under an existing Engineering, Procurement and Construction (EPC) contract for a large-scale solar power project. 

Following the revision, the total contract value has increased to ₹1,044.69 crore, including taxes.  

Scope Of Existing Solar Project Expanded 

The company disclosed that the enhancement relates to an ongoing EPC contract for a solar power plant with a capacity of 980 MWp/700 MWac. 

The revised order expands the scope of work under the existing agreement while keeping all other contractual terms and conditions unchanged.  

According to the filing, the commercial order value has been enhanced by ₹30.91 crore. 

As a result, the total value of the contract now stands at ₹1,044.69 crore, inclusive of taxes.  

While the contract value has increased, the aggregate project size remains unchanged at 980 MWp/700 MWac. 

Domestic Renewable Energy Project 

The order pertains to a domestic project awarded by one of India's leading renewable energy companies. The company stated that there is no promoter or related-party interest involved in the contract.  

Waaree Renewable Technologies noted that the execution timeline for the enhanced scope of work will be mutually decided between the parties. 

The enhancement was received under the existing contract framework without any change in other key contractual conditions.  

Read More: Waaree Renewable Technologies Share Price in Focus; Completion of Associated Power Structures Acquisition Delayed! 

Waaree Renewable Technologies Share Price Performance 

As of 18 June 2026, at 12:34 PM, Waaree Renewable Technologies share price was trading at ₹978.95 per share, reflecting a surge of 0.75% from the previous trading session. 

Conclusion 

Waaree Renewable Technologies has secured a ₹30.91 crore enhancement in the scope of an existing solar EPC project, taking the total contract value to ₹1,044.69 crore. The development strengthens the company's renewable energy project portfolio while maintaining the original project capacity of 980 MWp/700 MWac.  

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.