Waaree Energies Limited has secured a 140MW solar module supply order from a leading domestic renewable energy developer. Disclosed under SEBI Regulation 30, the one-time contract for FY26 execution bolsters the company's order pipeline amid India's aggressive solar capacity expansion targets.
Waaree Energies Limited, India's largest solar module manufacturer, announced receipt of a significant 140MW order for solar modules from a prominent customer in the renewable power sector. The disclosure to BSE and NSE complies with SEBI's Listing Obligations and Disclosure Requirements (Regulation 30), with full details in Annexure-A.
The contract involves supply during Financial Year 2025-26, classified as a one-time domestic order with no promoter group interests or related-party transactions. This win aligns with Waaree's dominant position in high-efficiency modules, supporting India's 500GW non-fossil capacity goal by 2030 through key EPC and IPP partnerships.
Execution will enhance revenue visibility and utilisation at Waaree's manufacturing facilities, reinforcing its leadership as the company scales capacity to over 12GW amid falling module prices and policy tailwinds.
Key highlights
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Order: 140MW solar modules supply in FY 2025-26 (one-time contract).
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Customer: Domestic entity developing/operating renewable power projects.
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No promoter/group interests; outside related-party transactions.
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Boosts FY26 order book in high-growth solar manufacturing segment.
Sources: Waaree Energies Limited SEBI Regulation 30 disclosure filing to BSE/NSE