Deals Counterparts

Waaree Renewable Technologies secures 420 MWp solar EPC contract

Supply Agreement Solar announced India Mar 11, 2026
420 MWp
Capacity

Waaree Renewable Technologies Ltd has secured an EPC contract for a 300 MW AC (420 MWp) ground-mount solar PV plant from a domestic company involved in renewable power generation. The project is scheduled for completion during the financial year 2027-28, adding significantly to Waaree's unexecuted EPC order book of 2.92 GWp.

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Deal 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.
  • 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

Timeline

Announced
Mar 11, 2026
Signed
Closed

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