Waaree Renewable Technologies secures 420 MWp solar EPC contract
Type: Supply Agreement · Technology: Solar · Country: India · Capacity: 420 MWp · Announced: 2026-03-11
Waaree Renewable Technologies secured an EPC contract for a 420 MWp ground-mount solar PV plant. Awarded by a domestic renewable power generator, this project significantly boosts Waaree.
Analysis
Waaree Renewable Technologies just added a substantial 420 MWp solar EPC contract to its pipeline, securing the deal from a domestic renewable power generator in India. This ground-mount PV project, slated for completion by FY27-28, pushes Waaree's unexecuted EPC order book well past 3 GWp. The long-term nature of the contract provides visibility for the company's future revenue streams. It reflects ongoing demand for large-scale solar development across the country.
Key points
- 420 MWp ground-mount solar PV plant
- Completion scheduled for FY27-28
- Adds to 2.92 GWp unexecuted EPC order book
- Secured from a domestic renewable power generator