Sunshine and Profits: Waaree Renewable Bags Big Solar EPC Order, Fuels India’s Clean Energy Dream

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Waaree Renewable Technologies Limited has bagged a significant EPC order worth Rs 1.57 billion, reinforcing its leadership in India’s renewable energy sector. The contract highlights the company's robust project execution capabilities and positions it strongly in the expanding solar infrastructure market during FY 2025-26.

Waaree Renewable Technologies Limited (WRTL), a leading name in India’s solar energy EPC (engineering, procurement, and construction) segment, has secured an important project order valued at approximately Rs 1.57 billion (Rs 157 crore). This order is a testament to the company’s sustained growth trajectory and its expanding footprint in clean energy infrastructure.

The awarded project reflects Waaree’s continued dominance in the renewable energy sector, particularly in large-scale solar power projects. With India rapidly scaling its solar capacity to meet ambitious clean energy targets, WRTL’s expertise in end-to-end solar project delivery—from design, procurement, and construction to commissioning—is critical.

Significant Order Wins and Growth

The Rs 1.57 billion EPC order enhances Waaree’s unexecuted order book, which already stands robust at several gigawatts worth of projects to be executed over the next 12 to 15 months.

This order aligns well with the company’s strategic focus on expanding its commercial and industrial solar project portfolio, along with investments in Battery Energy Storage Systems and other renewable verticals.

Industry Leadership in Solar EPC

Waaree’s reputed project execution includes advanced solar plants featuring technologies such as bifacial solar modules, single-axis trackers, and robotic cleaning systems that ensure high efficiency and reduced operations and maintenance costs.

The company’s engineering prowess is supported by comprehensive experience in developing pooling substations and transmission connections essential for integrating solar plants into the grid.

Market and Financial Momentum

The order further validates Waaree’s strong financial performance in recent quarters, with revenue and profits surging driven by robust project wins and sector tailwinds.

As an integral part of the Waaree Group, the company leverages deep expertise and long-term vision to maintain leadership in India’s accelerating renewable energy transition.

Waaree Renewable Technologies continues to be a pivotal player in India’s clean energy landscape, driving sustainable growth through large-scale solar infrastructure projects that contribute significantly to the national renewable energy targets.

Sources: Waaree Renewable Technologies Limited official announcements, Renewable Watch, Economic Times, EQ Energy, Tickertape

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