CESC Ltd Awards ₹3.46 Billion Solar Project to Waaree Renewable

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CESC Ltd has awarded a 300 MW AC / 435 MW DC solar power project to Waaree Renewable, marking a significant step in its renewable energy expansion. The contract, valued at ₹3.46 billion, aligns with CESC’s commitment to clean energy and sustainability.

Key Highlights:

Project Scale: The 435 MW DC capacity ensures higher efficiency and output, supporting India’s growing renewable energy needs.
Strategic Partnership: Waaree Renewable, a leading solar solutions provider, will oversee engineering, procurement, and construction (EPC) for the project.
Long-Term Commitment: The power purchase agreement (PPA) will be in force for 25 years, ensuring stable energy supply.
Green Energy Push: CESC aims to expand its renewable portfolio, targeting 2GW capacity in the near future.
Investment in Sustainability: The project reinforces CESC’s commitment to reducing carbon emissions and supporting India’s clean energy transition.

With this latest contract, CESC Ltd strengthens its position in India’s solar energy sector, leveraging advanced technology and strategic partnerships to drive sustainable growth.

Sources: Outlook Business, Economic Times, ET EnergyWorld